Get started
geckotrade

GBPAUD Short Term Long Opportunity

Long
British Pound / Australian Dollar (FOREXCOM:GBPAUD)  
geckotrade Updated   
FOREXCOM:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns
0
0
trendanalysis chartpattern
The market has pulled back after the Gartley pattern completed and we may get one more chance to go long. I'll be looking for price to hit around the 78.6% retracement and a valid entry reason to buy, with targets at a retest of structure. The most previous high is at a significant level of structure so if price does retest the highs I'll be expecting a reversal in the form of a double top.
Trade active
Trade closed: target reached
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.