theforexdaddy

GBP/AUD NICE SETUP FOR THE WEEK AHEAD

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FX:GBPAUD   英鎊/澳元
This pair has formed such a fantastic structure, check the analysis:

*-Strong trendline break, that means more downside momentum to happen
*-Third rally to the new trendline accepted
*-Fibonacci golden ratio 61.8 respected perfectlly
*-1.84 resistance/psychologicall/institutionall zone broke and retest clearly
*-Spining top candle at resistance/trendline/fib
*-Moving averages crossed
*-next target 1.795

Have a blue trading week everyone, #tradesafe
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