Libra esterlina/Dólar australiano
Largo
Actualizado

Week 28 - GBPAUD: Bullish

61
Structure is bullish even though price made a bearish candle on Friday. There are 2 congestion area supporting the price:
1) 1.6866
2) 1.6773
I am bullish as long as these 2 levels hold. Therefore I will be looking to look for long at either of these 2 levels, the lower the better.
First level of resistance, 1.716 and if broken, can go up to 1.7336.
Nota
Good area to enter long BUT Price Action is bearish at this moment. Price can even go down to 1.6688. Look to enter only if there is a bullish signal.
Nota
Price indeed went to 1.6688 but PA is very bearish. Shall stay at sideline to watch.

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