YongLiang

GBP/AUD, DAY CHART, LONG (18-DEC-2016)

Long
OANDA:GBPAUD   British Pound / Australian Dollar
Note:
GBP/AUD follows our prediction last week.
We remain bullish on this pair.

There are 3 trading plans for this pair:
1. Zoom into H4 chart, there is an immediate
resistance line at 1.715x level, wait for price
correction or pullback to 20-EMA and bullish signal
to long

2. Wait the price pullback to support zone and
bullish signal to long

3. If the price breaks the immediate resistance line
at 1.715x, wait for weak pullback to the resistance
line and bullish signal to long!
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