DatTong
Long

GBPAUD, Forecast tendency ! UP!

FX:GBPAUD   British Pound / Australian Dollar
My view GBPAUD
W1:
-Trend: Minor uptrend
-Close above support.
-Test support, give bullish candle !
--> BUY
D1:
- Tendency: Upward
- Test resistance, move down weakness
--> Waiting signal bar--> BUY
H4:
- The price tested resistance daily, give minor downtrend
- Waiting, the price pullback fibo 50%, give signal--> BUY
Comment:
Trade closed: target reached: Take profit > 100pip !

Comments

BTW, good job on this one!
Reply
DatTong gcplau
@gcplau, Luck played quite a part in them !
Reply
Hello Dat, your 17930 level has been tested 3 weeks and now squeezing upward. Is it right to expect, if the level is to break, it will be an impulsive break, since the sellers are gradually "absorbed" during the 3 weeks....no matter break or reject...I expect impulse.
Reply
DatTong gcplau
@gcplau, Yep !
Reply
gcplau DatTong
@DatTong, actually i get to notice and learnt it from one of your prior idea.....good stuff, man!
+1 Reply
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