Perfect GBPAUD Buy Oppostunity After a Bearish Cycle
From Vladimir Ribakov
March 20, 2017 - 9:55am
Perfect GBPAUD buy opportunity is forming at the moment. The pair has completed a bearish cycle on the weekly chart and we can now look for long setups. On the Daily chart what I am looking for is the entry near the key level as shown below: GBPAUD Daily Chart: GBPAUD H1 Chart: On the H1 chart follow the down trendline ( red) as shown in the image below. Once broken up along with the most recent high, this is step one. Next step is to wait for a double wave correction down, and then draw a trendline which
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