pablo82
Long

CUP AND HANDLE SETUP

FX:GBPAUD   British Pound/Australian Dollar
108 0 3
We have a possibly a cup and a handle pattern in development,

Pay attention to price action and if price will make a handle like structure or descending channel you can enter long after breaking green line with target as per chart.SL should below low of handle / channel.
Comment:
snapshot
Comment: We have had claer breakout and retest of trendline / resistance on lower timeframe.

Therefore up move should continue utiltarget reached.
Comment:
snapshot
Comment:
snapshot
Comment: Very good progres.
Trade closed: stop reached

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