another BIG move up in gbpaud? - Long

8 Oca 2016

I've found price to respect pretty well this channel, and i watched this pair go from 2.01 to 2.08, with the idea of going long, but didnt find any setup that allowed me to do so.
So, here is what i will be looking the next week, i will probably for break TL, and consolidate a little to get a bettter entry.

8 Oca 2016

Not

Daily channel

12 Oca 2016

Not

We didnt break this structure.. just some spikes.
My point of view doesnt change, i will wait to break and consolidation, looking for the upside.
This will change if price breaks the channel to the downside, if that happens, all of this becomes invalid, and will start looking for sell setups.