Hello Traders,
On my previous analysis on GBP/AUD, we already looking for buy position, as we can see on the chart, the price make an aggressive movement.
What i expect :
- a small retracement and another impulse till Fibo level 61.8 (I'm expecting the price to move near Fibo 50 and 61.8)
- a bearish divergence for a retracement to a low point that price made (1.93400)
- after retracement of divergence, another impulse that will create the uptrend
Simple as that! :)
Checkout my previous analysis here :
Leave a like and follow for more ideas!
Enjoy it!
PS : Is my vision, make your own choices.
On my previous analysis on GBP/AUD, we already looking for buy position, as we can see on the chart, the price make an aggressive movement.
What i expect :
- a small retracement and another impulse till Fibo level 61.8 (I'm expecting the price to move near Fibo 50 and 61.8)
- a bearish divergence for a retracement to a low point that price made (1.93400)
- after retracement of divergence, another impulse that will create the uptrend
Simple as that! :)
Checkout my previous analysis here :
Leave a like and follow for more ideas!
Enjoy it!
PS : Is my vision, make your own choices.