Structure and Fibo confluence on GBPAUD
On GBPAUD we see AB=CD pattern which just is compilted. That provides us opportunity to Sell.
On Daily chart there is 3.81% ratrecment level also there is structure. Look left.
We should wait for good signal kide of like Double top.
Don't forget about NEWS
On Daily chart there is 3.81% ratrecment level also there is structure. Look left.
We should wait for good signal kide of like Double top.
Don't forget about NEWS
Note
Also you can see RSI DivergenceNote
Stop loss and take profite can be variated by on your point of veiw.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.