Hi, here are my reasons to go long on GBPAUD:
The chart has broken a support line
The trend has an upward potential due to previous shadows to high
you can see higher highs and higher lows
I think we can see a push higher after the retracement which is happening
With an excellent risk to reward ratio, we might be able to make a profit.
The trend has broken the 0.618 Fibonacci. My next target is on 0.786
We are right now higher than 8 and 14 EMAs.
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The chart has broken a support line
The trend has an upward potential due to previous shadows to high
you can see higher highs and higher lows
I think we can see a push higher after the retracement which is happening
With an excellent risk to reward ratio, we might be able to make a profit.
The trend has broken the 0.618 Fibonacci. My next target is on 0.786
We are right now higher than 8 and 14 EMAs.
If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too.