LupaCapital

GBP AUD - long term buys

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FX:GBPAUD   英鎊/澳元
price hit our demand area between 1.82 - 1.80 - we did not catch the initial rejection due to sleeping.. however caught the nice order block

We will be looking to buy multiple times here - there could be a possibility of a double bottom.
this can also be a correction move to start.
so anticipate sells and lock in buys risk free

Looking to add up positions here for long term swings.

technicals
fresh touch of the demand after a long rally down drop base drop scenario
on previous touch - strong engulfing candles to the upside, similar pattern here
bearish technical - was oversized head and shoulders.

Good luck and enjoy the trade.
If you like our swing trade work, please leave a like and or comment.

Thanks,
Lupa
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