SamanthaMednik

GBPAUD Intraday Analysis

Long
SamanthaMednik Updated   
FX:GBPAUD   British Pound / Australian Dollar
Hello! GA's a very simple analysis especially with its current price. As you can see, we're currently at a strong lower key level which is also on the trend line. We're predicting a rejection in this area for a long position up to resistance areas. Daily updates will be posted! Let me know what you think, comment below! :)
Trade closed: target reached:
TP1 was hit for 100 Pips!
Trade closed: target reached:
TP2 was hit for 230 Pips!
Comment:
The area price’s currently in, after reaching our target, is a strong resistance level. We’re waiting for sell confirmations to enter a short position now.
Trade closed: target reached:
Resistance level and Trend line broke, a re-entry for continuation of the long position was confirmed. TP3 was hit for 350 Pips total!
Trade closed: target reached:
The Long Position reached our targets and was over, we then waited for a Sell confirmation. GA formed a Reversal Pattern and we entered for a Short Position. Our target was reached for 100 Pips!
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