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Fed02

GBPAUD long SWING TRADE

Long
British Pound / Australian Dollar (OANDA:GBPAUD)  
Fed02  
OANDA:GBPAUD   British Pound / Australian Dollar
Support and Resistance Fibonacci Three Drives GBP GBPAUD gbpaudlong Forex forexsignal wpattern highprobability buystop
3
2
supportandresistance fibonacci threedrivespattern gbp gbpaud gbpaudlong forex forexsignal wpattern highprobability buystop
Confluences:
-W pattern
-Price respecting fib levels
-Price re-entered previous daily trendline
-Enter on continuation with a buy stop
-Good Risk-Reward
-AUDUSD hasn't retraced in a while so weak AUD should correlate with GBPAUD going higher, also the pound has been really strong lately
-Take profit will be in the second zone, I'll take partials at the first zone
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