GBPAUD(WEEKLY): LONG-TERM SPECULATION WITH CONDITIONS
Expecting a rally to the upside as price crashes into major support at the 1.7800/1.7600 zone to continue the uptrend correction channel.
However, we shall be looking at a possibility of price breaking this support zone to continue the long term downtrend from the last impulsive move (May/July 2016) to the downside.
Also putting into consideration that this is a long term trade and decision might not be taken soon as we wait for a couple of weeks/month.
However, we shall be looking at a possibility of price breaking this support zone to continue the long term downtrend from the last impulsive move (May/July 2016) to the downside.
Also putting into consideration that this is a long term trade and decision might not be taken soon as we wait for a couple of weeks/month.
Trade smart. Trade consciously
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.