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leszekstanislaw

GBPAUD D1 Long base on 4 arguments - fibo, geo, SR and channel

Long
British Pound / Australian Dollar (FX:GBPAUD)  
leszekstanislaw  
FX:GBPAUD   British Pound / Australian Dollar
AB=CD 61.8 Parallel Channel
1
0
abcdpattern 61.8 parallelchannel
Not os bad if there are 4 things in favour of long position. Alternatively, when failes, you can play short, after retesting S/R and channel bottom line.
What we have here is:
  • 61.8% fibo
  • AB=CD (potentially)
  • S/R zone
  • bottom line of price channel
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