GBPAUD reversed nicely off its resistance, potential drop!
GBPAUD reversed nicely off its resistance at 1.8250 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially fall to its support at 1.8031 (61.8% Fibonacci extension, 76.4% Fibonacci retracement). We do have to be cautious of the intermediate support at 1.8102 (50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) reversed off its resistance at 97% where it has a lot of downside potential.
Stochastic (89, 5, 3) reversed off its resistance at 97% where it has a lot of downside potential.
Trade fechado: objetivo atingido
profit target reached! yes!
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