Market Breakdown & Trade Analysis on GBPAUD
In today's trade analysis and breakdown I will be using the letters A-G to represent our multiple confirmations. With the Power of Confluence, Lets Begin.
On GBPAUD we've identified our Key Levels represented by the Daily (Red), 4HR (Orange), and 1HR (Green) Horizontal Lines. As we uncover this analysis we will be...
USDCADAlready being up 170+ Pips on UsdCad looking good :)
Any who our BC Leg finally came to a halt at the 88.8 harmonic ratio.
A few things to consider is
-The Breakout on the 30 min of our purple trend line.
-UsdCad Reached a Zone on the H1.
-Use your levels as potential TP Levels
-With the CD Completing we will be looking for about 200+ Pips.
Lets Eat :)