KiBeCh29

GBPAUD Looking LONG after a Lil SELL

Long
FX:GBPAUD   British Pound / Australian Dollar
Yesterday The pair made a false breakout of the descending triangle and got stopped at 1.88000. Now anything happening in the Green zone between 1.87500-1.87000 could complete the IHS chat pattern formation and push the pair upwards passed 1.88000. Waiting for the full formation of the pattern plus price action would be safer.
#PatienceIsKey.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.