GBPAUD Neutral Bias

Apr 2, 2019

Since faield to retest the broken bullish trend to continue its dowside move and broke to the upside again ,here we can find a interesting multi timeframe channel that might provide a godo set up once the proper criteria is met until then my bias is neutral,in order to go long i would liek to see a break and close above the MP fib at 1.8600 but my favorite set up would be going short ince a lot xonfirmatiosn are lining up here for this and those are..

1. MP 38% and 50% but to apply this confirmation i woulkd need a daily close below 1.8565
2.Ichimoku at the same area
3.Multi tiemframe TL

Waiting for a reversal pattern or a daily close to have a 4th confirmation before deciding what to do

Apr 4, 2019

Trade closed: target reached

Amazing set up played perfectly