GBPAUD Daily - prepare for a big long.

Aug 22, 2017

Reason - on daily chart it has touched twice the median line of Andrew's pitchfork and it also created a beautiful RSI divergence.

Aug 23, 2017

Note

Stand by, hold your horses :). Days of volatility will come, it could hammer it to 1.61100 briefly.

Aug 24, 2017

Note

Don't rush yet into buying. We need to touch 1.61 tomorrow as a last hammer. Expect lots of volatility.

Aug 25, 2017

Note

Well guys we had a hell of a hammer down to 1.61600. I failed by 50 pips but consider them on my account. Feel free now to go LONG above 1.61500. Of course you can start load longs now if you like a bit of adrenaline :))

Aug 25, 2017

Note

Sorry: above 1.62500

Aug 30, 2017

Note

This one goes great, as planned. The key level was 1.62500. Once the price stabilized above it, it took off. Now goes enjoy thr LONG pips. :)

Sep 5, 2017

Note

Very stubborn this pair. Now after the last drop to 1.61800 there is a Hidden bullish divergence on 4H chart. So we should get back up to 1.63...

Sep 5, 2017

Note

Right back at 1.63. Good...Now it looks like it needs to go unde 1.61 before going up again. During the following two days things will be volatile. I would stay out or only go long from 1.61 or below.