GBPAUD long

Aug 5

Hello traders, here is why I believe GBPAUD is due for longs;
Monthly

• There is a bullish setup and the next major region on the timeframe is 1.9835
  

Weekly

• Nothing worth noting
  

Daily

• Bullish setup formed in the last 2 days
  

4 hour

• There is a bullish setup since there are so many levels of liquidity that have been broken.
  
• My thesis is that price will retest 1.9627 before going upwards.
  
• This is because that is the region where most orders have been picked up and there is a lot of liquidity.
  

Aug 5

Trade closed: target reached

Price did not even retrace. It went straight to my targets