GBPAUD BUY

Hi there. On 1h time frame price is forming a continuation pattern to the upside, but at the bigger time frame price is still so strong to the downside. So, for short term there is a possible up move and for medium – longer term wait for the price to hit the top of the pattern, to complete the C wave and watch strong price action for sell. AUD is still very strong, so you have to consider that.

Don’t take a trade if you don’t see clearly when big guys are in.

Kommentar:

On bigger time frame