GBPAUD Buy Update 500 Pip Opportunity
See my prior trade idea linked below. Been trading this from the bottom of up weekly channel Great opportunity for a buy.
Indicators.
1. Upwards weekly channel bounce at bottom creating a new high.
2. Weekly RSI in buy zone.
3. Broken Resistance area becoming new support.
Entry:
1. Current price area of 1.8224
2. 1.7900 area for a deeper conservative retrace.
TP 1: Next resistance area of 1.8464
TP 2: Large resistance area of 1.8831
Good luck trading!
Let me know how I can help.
Charles V
cvfxmanagement.com
cvfxwealth
Trading made simple
Indicators.
1. Upwards weekly channel bounce at bottom creating a new high.
2. Weekly RSI in buy zone.
3. Broken Resistance area becoming new support.
Entry:
1. Current price area of 1.8224
2. 1.7900 area for a deeper conservative retrace.
TP 1: Next resistance area of 1.8464
TP 2: Large resistance area of 1.8831
Good luck trading!
Let me know how I can help.
Charles V
cvfxmanagement.com
cvfxwealth
Trading made simple
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