GBPAUD long

3 Haz 2024

Weekly;

• Price closed above a major support region (1.9100) and retested it last week
  
• Price is therefore showing bullish momentum to the next region of 1.9290
  

Daily;

• Price closed above 1.9100 which is major liquidity region
  
• The next major liquidity region is 1.9290
  
• Price has already collected orders from 1.9100 and I believe that it is headed to 1.9290
  

4 hour;

• Price formed a three pin pattern on the 1.9100 region as well as a double bottom
  
• The closest target is the -27.00 of the fib which is 1.9209
  
• My best entry would be if price closes above 1.9175 and retests the region