GBPAUD point of interest
HEY TRADERS
GBPAUD in this analysis i'm bullish on this pair we see price has been respecting the previous low which formed a better double bottom
TRADE CRITERIA:
WHAT ARE WE EXPECTING:
currently price is at the double bottom and now what we need to see is a reversal pattern to reverse the price up
HOW DO WE ENTER:
wait for the first shape impulse up followed by a continuation correction get in on the correction
OUR STOP LOSS LEVEL:
below shape impulse correction
POSSIBLE TARGET:
top zone
TRADE INVALIDATION:
when price impulse bearish down and form a bearish continuation pattern i.e setup invalid
THANKS FOR READING
AS ALWAYS STAY SAFE AND TRADE SAFE!!!!! CPI TOMORROW
GBPAUD in this analysis i'm bullish on this pair we see price has been respecting the previous low which formed a better double bottom
TRADE CRITERIA:
WHAT ARE WE EXPECTING:
currently price is at the double bottom and now what we need to see is a reversal pattern to reverse the price up
HOW DO WE ENTER:
wait for the first shape impulse up followed by a continuation correction get in on the correction
OUR STOP LOSS LEVEL:
below shape impulse correction
POSSIBLE TARGET:
top zone
TRADE INVALIDATION:
when price impulse bearish down and form a bearish continuation pattern i.e setup invalid
THANKS FOR READING
AS ALWAYS STAY SAFE AND TRADE SAFE!!!!! CPI TOMORROW
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