Livre sterling / Dollar australienMis à jour GBPAUD Long term outlook
Hi traders:
How I see GBPAUD for the long term approach would be to patiently waiting for a larger higher time frame structure to develop.
We see price had a strong impulse move down, and currently at the bottom of the channel structure.
Such strong move requires larger, deeper, correction to develop before any continuation.
Hence I will observe what the price will do this point forward.
Short term wise, I do expect price to get push up, and form a lengthier correction before the next sell momentum to come in.
This could take weeks/months until a higher time frame structure can be completed.
Thank you
How I see GBPAUD for the long term approach would be to patiently waiting for a larger higher time frame structure to develop.
We see price had a strong impulse move down, and currently at the bottom of the channel structure.
Such strong move requires larger, deeper, correction to develop before any continuation.
Hence I will observe what the price will do this point forward.
Short term wise, I do expect price to get push up, and form a lengthier correction before the next sell momentum to come in.
This could take weeks/months until a higher time frame structure can be completed.
Thank you
Note
Higher Time Frame:Note
Note
price broke out structure, wait for lower time frame continuations.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.