GBPAUD. M30
I am expecting higher, high points to form on GBPAUD since there's a small, uptrend on the lower timeframes. It has been bouncing up and down since the market opened this Sunday. On the daily timeframe, the full retracement from the previous, bullish trend hit the 88.6% level. It is currently rejecting the 78.6% level and some confluence areas.
Note
Price is still rejecting the 78.6% Fibonacci level from the daily timeframe that I have marked off.Note
The trade was successful.
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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.