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.
Not
Daily ChartNot
First target reached. I think the up move will happen but may get a sharp pullback before that.İşlem kapandı: hedefe ulaştı
700pip move on this. Hope you made money!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.