GBPAUD H1 - LONG
Prices got rejected from a resistance zone, looking to test a BUY zone @1.79000 area. Aggressive and short term traders may look at this as a potential buy trading opportunity.
If we do see a breakdown off the support area, liquidating orders lying beneath the trendline, we can catch a pullback SELL opportunity towards the major structure support level below.
Prices got rejected from a resistance zone, looking to test a BUY zone @1.79000 area. Aggressive and short term traders may look at this as a potential buy trading opportunity.
If we do see a breakdown off the support area, liquidating orders lying beneath the trendline, we can catch a pullback SELL opportunity towards the major structure support level below.
Note
Huge move upside, caught the buyside anyone?
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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.
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.