AUDGBP good looking for short with good riskreward
BUY 1.8065 TP 1.8085 TP 1.8115 TP 1.8165 SL 1.8000
I would expect a fairly large rejection from this resistance line - potential entry 1 for short position if confirmed... If this resistance breaks then we could see gains upto the top of ascending channel support before being rejected and returns to lower support of channel- next test of this lower support channel line is likely to break (Short Entry 2) and we...
3rd wave is extensive because 3rd wave retraced above 1.618 . T1=0.557. 5th wave can not move above 0.559. a,band c is correction... parallel channel connecting with wave 2 and 4.
Entered as shown on chart. I will trail my stop loss if we get decent upside movement.
AUDGBP is looking strong for next 4 to 5 hours
Wait for pullback on 0.38 Fib before going long again
FX_IDC:AUDGBP PRICE WANT TO CLOSER BLOW SUPPORT
GBPAUD reach resistance, we can take short with 147 pips target at channel up support as target. Good luck
Possible long within next 48h. Triggered indicators are highlighted with red circles. Red line Resistance. Blue line Support. TP 0.5380 SL 0.5292 Happy Trading!
Pound Aussie has hit a top trendline and is also reaching horizontal resistance. Waiting for a valid breakout and retest before entering.