GBPAUD - Long Now Due to Divergence and Stong Support. Long

British Pound/Australian DollarFXCM

Description

⋅ Aug 8, 2016 9:39 AM

I was watching this pair since very long and now I think this is the better time top enter in the market. Buy GBPAUD now because it is on Strong support and also the divergence found.

Trade closed: stop reached

⋅ Aug 9, 2016 8:40 AM

Comments

SilverTrader925

⋅ Aug 8, 2016 10:42 AM

I usually look for the price to be making lower lows and the RSI rising for bullish divergence this shows a shift in momentum...

Daniel-Malik

⋅ Aug 8, 2016 10:43 AM

you are correct in your opinion

skry3454

⋅ Aug 9, 2016 7:53 AM

hi. I purchased a greeting yesterday. Do you think I should go

Daniel-Malik

⋅ Aug 9, 2016 8:39 AM

I have just set my stop loss below the previous high . so my stop reached you can also close if you want

qulesh

⋅ Aug 8, 2016 9:49 AM

Excellent

Batman-oz

⋅ Aug 8, 2016 9:41 AM

Fantastic, thank you, will follow this with interest.