Hi traders
Please see our full breakdown of GBPAUD.
We are expecting a bearish reversal here and we have a few trigger points that will allow us to get into the trade nicely and with the correct risk management.
I am not dead set on one target zone but will react to how price behaves at the target zones laid out.
Don't expect a break of the major daily ascending trend quite yet think we still have one more pull back that we can get in on in a few weeks before then potentially breaking this ascending trend.
As always guys let me know in the comments below all and any feedback you have on this breakdown.
Trade safely and have a profitable week!
The Fx Chartist
Please see our full breakdown of GBPAUD.
We are expecting a bearish reversal here and we have a few trigger points that will allow us to get into the trade nicely and with the correct risk management.
I am not dead set on one target zone but will react to how price behaves at the target zones laid out.
Don't expect a break of the major daily ascending trend quite yet think we still have one more pull back that we can get in on in a few weeks before then potentially breaking this ascending trend.
As always guys let me know in the comments below all and any feedback you have on this breakdown.
Trade safely and have a profitable week!
The Fx Chartist
