Buy on Potential Bearish abcd and Support at current area

FX:GBPAUD   British Pound / Australian Dollar
387 11 16
Update: done with this trade, closed all trades in profit dont wanna keep trades opened on weekend

Current area is acting as good support , which is also the 0.61fib of prev swing. I will be interested to buy this around 2.064 .

entry,stoploss and take profits on chart.
I am a Chart Slave.Thank you TradingView and @nmike.
Well done!! Good trade. I wish I had checked TradingView sooner.
GcNaif DerekUweri71
thanks Derek,
It's morning for you right now.
GcNaif DerekUweri71
yes its 10 20am
Ok, Weekend starts for me soon. It's 15.30Hrs here in the UK. Let's see what £aud does next week. Price is approaching the top of the bullish channel. You expect price to break the channel based on your ABCD analysis. Shouldn't it be Bullish ABCD?
GcNaif DerekUweri71
its a potential bearish abcd, when D is printed then the down move starts, i was just catching the CD leg of that move. I usually close the trades on weekends. So for me i m done with this trade, will watch pa next week n then decide. Thanks Derek for the comment
Making pips again without me? How dare you!
+1 Reply
GcNaif JasperForex
lol, hello mate
target 1 achieved.
Hi GcNaif, good call.
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