GBPAUD
We see that this currency pair breaked down the 4H trend line
Now it try to retest the trend line and will go down till support (0.61% & 0.68 % of the Fibo )
My Plan is :
Best are for Sell is between
0.33 % & 0.38% of the Fibonacci
about 1.7960 and use logical SL & TP 1.7645
Alternative : if price will touch the sl and break the strong resistance i will open Buy on the retest
*****
if the price continue down
then Best area for Buy is between
0.618 % & 0.68% of the Fibonacci about 1.76320 and use logical SL and TP 1.80200 and keep tp maybe price will break the strong resistance and will move up till 1.8300
Alternative : if price will touch SL i will open the Sell and keep till 1.7475
----
Also i am looking to the volume Patterns B or P pattern will be create according to the volume pattern and chart pattern and trend lines we can take any action
----
Note :
Please ensure you do your own analysis before take any action
Open Buy or Sell after confirmation of the return move
We see that this currency pair breaked down the 4H trend line
Now it try to retest the trend line and will go down till support (0.61% & 0.68 % of the Fibo )
My Plan is :
Best are for Sell is between
0.33 % & 0.38% of the Fibonacci
about 1.7960 and use logical SL & TP 1.7645
Alternative : if price will touch the sl and break the strong resistance i will open Buy on the retest
*****
if the price continue down
then Best area for Buy is between
0.618 % & 0.68% of the Fibonacci about 1.76320 and use logical SL and TP 1.80200 and keep tp maybe price will break the strong resistance and will move up till 1.8300
Alternative : if price will touch SL i will open the Sell and keep till 1.7475
----
Also i am looking to the volume Patterns B or P pattern will be create according to the volume pattern and chart pattern and trend lines we can take any action
----
Note :
Please ensure you do your own analysis before take any action
Open Buy or Sell after confirmation of the return move