GBPAUD is set to end the correction formed within the global bullish trend. A false breakdown of the liquidity zone is forming...GBPAUD on D1 is testing a strong support zone, which gives traders hope for a possible recovery. Locally, the chart shows signs of the correction ending...
After correcting to 1/2 of the range, GBPAUD is forming a false breakdown of the order block and breaking the bearish structure, confirming the end of the correction. Consolidation above 2.076 could trigger a recovery within the bullish trend.
Resistance levels: 2.086, 2.0978
Support levels: 2.076, 2.0715
Despite breaking through the resistance of the local correction, the market must confirm the bullish sentiment. Consolidation of the price above 2.076 will confirm this nuance, and consolidation above the key support may influence further growth.
Best regards, R. Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
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.