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The808Trader
Nov 25, 2018 7:53 PM

GBP/AUD - Ichimoku Long Setup Long

British Pound/Australian DollarFXCM

Description

This pair has been steadily climbing higher since our hard drop last week. We are nearing a bulish kumo twist that I am looking for combined with a bullish kumo breakout to enter a long position. I've laid out a TP at an area of previous resistance, but I may hold holder term as a swing if we can break that level as well. If we fail to get the kumo twist and the kumo breakout, this setup may become invalidated.
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