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rohitkukreja

Cup And Handle in GBP/AUD

Long
British Pound / Australian Dollar (OANDA:GBPAUD)  
rohitkukreja  
OANDA:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Cup And Handle GBPAUD gbpaudlong gbpaudanalysis gbpaudtrade gbpaudsignal gbpaudbuy gbpaudsetup gbpaudforecast gbpaudidea
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trendanalysis chartpattern cupandhandle gbpaud gbpaudlong gbpaudanalysis gbpaudtrade gbpaudsignal gbpaudbuy gbpaudsetup gbpaudforecast gbpaudidea
GBP/AUD is in strong uptrend. Price is continuously making higher highs and higher lows.
Checking out recent price action, the price has formed a Cup and handle pattern which is a bullish pattern.
Once the neckline is broken out, I expect price to rise further.
Wait for daily candle to close above the neckline. Then we can enter into LONG SWING TRADE.
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