Greetings Fellow Traders,
Quick Buying Opportunity on GBPAUD - Look at the current structure on the 15 minute time frame, waiting for a close above the indicated correction strength.
If that occurs we should be on the way to retest the daily high and potentially move much higher.
A trade only occurs if a candle closes above that line, do not assume that it will.
On a side note the bigger moves that occurred across the AUD and NZD pairs during Monday's trading I expect to for the most part continue over into Tuesday's trading, this will be supported if this bullish break occurs before the daily candle closes.
Feel Free to comment/like/follow or join me on telegram
Quick Buying Opportunity on GBPAUD - Look at the current structure on the 15 minute time frame, waiting for a close above the indicated correction strength.
If that occurs we should be on the way to retest the daily high and potentially move much higher.
A trade only occurs if a candle closes above that line, do not assume that it will.
On a side note the bigger moves that occurred across the AUD and NZD pairs during Monday's trading I expect to for the most part continue over into Tuesday's trading, this will be supported if this bullish break occurs before the daily candle closes.
Feel Free to comment/like/follow or join me on telegram