GBPAUD: Trading Plan For US Session

1 196
snapshot

GBPAUD reached a key daily structure resistance.

I am paying attention to a rising wedge pattern on 4H.
for now its support serves as the resort for buyers to buy from.
being broken to the downside (4H candle close below) it will be a strong bearish signal.

goals:
1.8283
1.821

(in case of a daily candle close above yellow area, setup will be invalid)

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.