unique4x
Long

GBPAUD Getting Ready To Run Higher?

FX:GBPAUD   British Pound/Australian Dollar
GBPAUD             has been in an uptrend for the past 9 months and has recently pulled back approximately to the 50% Fibonacci retracement.

We suspect the uptrend will continue soon but would like to see a daily close above the short-term downtrend line you see in green. As of Monday December 14th we need to see a close above 2.13400, obviously that closing price will be coming down the longer it takes. Assuming a daily close above that short-term downtrend the first target will be 2.15246 which is the 23.6% Fibonacci retracement. Stops can be placed using the Daily Average True Range of 250 Pips.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out