GBPAUD waiting for the buy setup to form
on DAILY: GBPAUD is approaching a strong support zone in green so we will be looking for objective buy setups on lower timeframes.
on H1: GBPAUD is forming a channel in red so we are waiting for a new swing to form around our upper red trendline to consider it objective and then enter on its break upward.
we also have a divergence on MACD adding more confluence to our buy setup.
on H1: GBPAUD is forming a channel in red so we are waiting for a new swing to form around our upper red trendline to consider it objective and then enter on its break upward.
we also have a divergence on MACD adding more confluence to our buy setup.
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