FX:GBPAUD   British Pound/Australian Dollar
Couple of long term trade setup:
1. Bearish Butterfly pattern - Price retested 2014 high. Now retracing, reenter trade as short when price retraces from current level may be @ 618 level of C. Stop loss above C and Target 1: 1.87607 (Fib .382 level of BC             ) and Target 2: (Fib .50 level of BC             . Long term trade setup can take all the way down to Cypher Pattern C-D leg.

2. Bullish Cypher Pattern - Potentially could form based on the current chart analysis. This is again a long term formation. Stop loss below X of cypher Target 1 will be @ fib 38.2 and Target 2 @ Fib 61.8 of Cypher C to D

Note: Analysis is purely based on technical, fundamentals are not considered. And this idea are just analysis only not a trade recommendation.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out