GBPAUD H1 LONG PRICE ACTION FORECAST
Bullish momentum is present in the pair, a golden-cross with the EMA supported by the 200MA sloping up for confirmation of the remaining upward impulse that supports the price structure. It allows the entry at the previous supply zone, expecting price action to retest that area before upward continuation.
The order:
Type: buy-stop
S/L: 33 pips - R:R | 1:2 -
T/P: previous resistance level
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The order:
Type: buy-stop
S/L: 33 pips - R:R | 1:2 -
T/P: previous resistance level
--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
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