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
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.