GBPAUD BUY SETUP
I'm looking at this pair for a potential buy.
Price is currently at the 61.8 fib level on the daily.
If it respects this level and I see a trend line break, I will be looking for buys on the correction.
Price is currently at the 61.8 fib level on the daily.
If it respects this level and I see a trend line break, I will be looking for buys on the correction.
Note
Looking for a break of the inner trendline and then the outer for a retracement to 61.8 of the move down.
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Related publications
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.