Nice and Simple trade!
GBPAUD 4H TF
GBPAUD is currently in a sideways motion , it is constantly getting rejected from 1.85 and reversing from there
It is once again there with a HUGE bearish RSI DIVERGENCE,
A good entry can be taken now with a good target of 1.78 which fib level 0.618 thus strong support, IF that level is broken then we can get a good target of TGT 2
Be safe with SL at 1.85
This is looking like a nice and easy trade!
Possible PIPS-0.04-0.09
ALSO
Stock may Breakout as well, Thus a Long entry can also be taken with caution to a false breakout!
Message me if you'd like to work with me!
GBPAUD is currently in a sideways motion , it is constantly getting rejected from 1.85 and reversing from there
It is once again there with a HUGE bearish RSI DIVERGENCE,
A good entry can be taken now with a good target of 1.78 which fib level 0.618 thus strong support, IF that level is broken then we can get a good target of TGT 2
Be safe with SL at 1.85
This is looking like a nice and easy trade!
Possible PIPS-0.04-0.09
ALSO
Stock may Breakout as well, Thus a Long entry can also be taken with caution to a false breakout!
Message me if you'd like to work with me!
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