Hi traders,
Have been looking at this pair for awhile now. Looks like its ready to pop upwards. Price showing a wedge/flag and has broke out of the channel. Im waiting for a little more retracement but if it breaks the higher high, i will enter as well.
You may want to place a buy limit order just above the high to catch the move from the horizontal support.
Look to enter aiming for about 100pips to the upside.
GBPAUD has already priced in the move so expect something a little similar!
All the best and trade safe guys.
Please give this idea a like if you share the same view.
Follow me to show your support! I will genuinely appreciate it!
Have been looking at this pair for awhile now. Looks like its ready to pop upwards. Price showing a wedge/flag and has broke out of the channel. Im waiting for a little more retracement but if it breaks the higher high, i will enter as well.
You may want to place a buy limit order just above the high to catch the move from the horizontal support.
Look to enter aiming for about 100pips to the upside.
GBPAUD has already priced in the move so expect something a little similar!
All the best and trade safe guys.
Please give this idea a like if you share the same view.
Follow me to show your support! I will genuinely appreciate it!