Helloo...My Dragon Friends
last weekly, achieve our trade and this week will continous our trend again.
i see GA give us SHS pattern, SO...
Hellooo...My Dragon Friends
I see GA for this moment already touch the higher part.
I need some retracement for get more higher than higher.
Lets see and waiting for retracement part
Gbpaud is expected to drop as the structure of gbpaud is supported by HTF structure and is forming a bigger continuation pattern , I am in a sell already as its the 3rd touch in the pattern and the 3rd touch has the highest probability of playing out
#gbpaud, professionals increase 4% long by last week positions, 6k long increase by last week. Commercials decrease 1% long positions. weekly chart forming higher high and higher low. 1.828-30 highly demand zone for buy positions. split your risk with multiple position i.e 1.8280, 1.8230 even 1.8180 as well with stop loss 1.8140. target is 1.8680. this is weekly...
Looking for this to turn higher at the current support level. Keep an eye on MACD and EMA's and possibly 1HR timeframe as well for the point that this holds up before turning higher. Its possible to slightly overshoot the blue line I have drawn in around 0.382 Fibonacci before turning.
Setting target at the previous high of 1.80100 for now. Need to see that...