Get started
SeanC95

GBPAUD LONG??

Long
British Pound / Australian Dollar (FX_IDC:GBPAUD)  
SeanC95  
FX_IDC:GBPAUD   British Pound / Australian Dollar
GBP aud GBPAUD gbpaudlong LONG comment thoughts IDEA like profit Moving Average Convergence / Divergence (MACD) fib retracement longidea rejection
0
0
gbp aud gbpaud gbpaudlong long comment thoughts idea like profit macd fib retracement longidea rejection
PROS
- Low test candle formation.
- Rejection of both horizontal support and a downward sloping trendline.
- Price sat between 0.5 & 0.618 Fib retracement.
- Bullish MACD Divergence
- Oversold on Stoch RSI

CONS
- Trading against the trend.
- Trading towards key EMA's.

Thoughts on this position?
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.