GBPAUD, Long possibility
Actualizado
We are at a point which we can consider end of a correction (rectangular structure). So, basically what we should do next week is as follows:
1st: We seek for a green candle, which we can consider as a go-long-trigger, on 1h chart in order to open a long position. (or another trigger that you, yourself use in your own trades.)
2nd: The top of our gray rectangular structure is our 1st tp basically. although, there is a good chance that price go through it. you can manage it as you seem fit for yourself.
cheers!
1st: We seek for a green candle, which we can consider as a go-long-trigger, on 1h chart in order to open a long position. (or another trigger that you, yourself use in your own trades.)
2nd: The top of our gray rectangular structure is our 1st tp basically. although, there is a good chance that price go through it. you can manage it as you seem fit for yourself.
cheers!
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