danuto17

GBPAUD Breakout signal for long position

Long
FOREXCOM:GBPAUD   British Pound / Australian Dollar
GBPAUD made a breakout signal indicating a bull continuation. From From image above (the 4 hour time frame chart), the pair confidently break white resistance trend line as the stochastic indicators also confirm the bull continuation.

Pixel trend indicator also gives all green color which is pretty save to get in for now. Personally this is a perfect setup for me to enter for a long position.

Disclaimer on, proceed with cautions, use money management, stop loss and trailing stop to minimize risks.

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