GBPAUD - Forming a base here
Happy New Year fellow traders!
The market has a rather volatile start on the first week, which is good news.
Not keen to touch USD pairs this week due to major events, so I am turning my interest to crosses instead.
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GBPAUD on HTF (Daily), price is currently at the previous Wave 4 range but did not test it (1.8500), so there is still a possibility of a sweep down.
Apart from that, I am more keen to think that we are bottoming here as the structure is nicely forming a base. Upside is already triggered so it is more likely poised for an up move.
The overall move could take 1-2 weeks to move up, but generally a good RR by entering here with clear invalidation.
The market has a rather volatile start on the first week, which is good news.
Not keen to touch USD pairs this week due to major events, so I am turning my interest to crosses instead.
--------------------------
GBPAUD on HTF (Daily), price is currently at the previous Wave 4 range but did not test it (1.8500), so there is still a possibility of a sweep down.
Apart from that, I am more keen to think that we are bottoming here as the structure is nicely forming a base. Upside is already triggered so it is more likely poised for an up move.
The overall move could take 1-2 weeks to move up, but generally a good RR by entering here with clear invalidation.
הערה
Daily Chartהערה
First target reached. I think the up move will happen but may get a sharp pullback before that.עסקה סגורה: היעד הושג
700pip move on this. Hope you made money!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.