Expect GBPAUD to go Bullish in the coming days should this Daily QM Buy works.
We might see for the coming days or weeks, prices rally up all the way to 1.817
Would like to find other chances and setup to Buy this pair, should we miss this QM buy entry.
We might see for the coming days or weeks, prices rally up all the way to 1.817
Would like to find other chances and setup to Buy this pair, should we miss this QM buy entry.
Trade active:
Entered trade during the Breakout of the Resistance. and it's Flying!! cut half and pushed breakeven. This is madness ..100pips within 25minutes. Loving it
Comment:
Didn't break previous high, and it seemed to have come deeper into the QM range. Doesn't look very good for the bulls.
H4 formed a resistance, would like to see this current H4 wicked down a little but not too much to break previous H4 low and then break the high of previous candle. We might see another chance for rally.
Would be very cautious when price gets to 1.76655. If it sits above 1.76655 and above and breaks then next target would be around 1.783.
Let's see how it goes. Doesn't necessary have to keep eyeing on one pair as it has given the trade and pips we want. But for educational and tracking purposes, would love to record every single movement asking whys and hows.
H4 formed a resistance, would like to see this current H4 wicked down a little but not too much to break previous H4 low and then break the high of previous candle. We might see another chance for rally.
Would be very cautious when price gets to 1.76655. If it sits above 1.76655 and above and breaks then next target would be around 1.783.
Let's see how it goes. Doesn't necessary have to keep eyeing on one pair as it has given the trade and pips we want. But for educational and tracking purposes, would love to record every single movement asking whys and hows.
But i would personally be buying on the dip to go with my original analysis for now.