dkb14246

GBPAUD TOP-DOWN ANALYSIS

Long
FX:GBPAUD   British Pound / Australian Dollar
The monthly time frame price has tested a broken structure and also 50% fib level
Weekly time frame price close above the resistance level
Daily time frame buyers are willing to push price higher above the resistance Level
Trading Plan;
1. Wait for the price to close above the daily resistance level
2. Aggressively buy or buy at retest

DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and neither should you
Colour Code
Green=Monthly Structural Level
Orange=Weekly Structural Level
Violet=Daily Structural Level