GBP/AUD, DAY CHART, LONG (2-JAN-2017)
Note:
GBP/AUD follows our prediction last week.
We remain bullish on this pair.
There are 3 trading plans for this pair:
1. Wait for the potential breakout trade.
When the price breaks the immediate resistance line,
wait for weak pullback and bullish signal to long
2. A strong bullish signal bounce from the 20-EMA line,
a good signal to long now. Can long now with little
risk involved.
3. If the price correction to 1.69x level again,
we can accumulate our buy as well.
GBP/AUD follows our prediction last week.
We remain bullish on this pair.
There are 3 trading plans for this pair:
1. Wait for the potential breakout trade.
When the price breaks the immediate resistance line,
wait for weak pullback and bullish signal to long
2. A strong bullish signal bounce from the 20-EMA line,
a good signal to long now. Can long now with little
risk involved.
3. If the price correction to 1.69x level again,
we can accumulate our buy as well.
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