GBPAUD LONG 1D TF: Trend line breakout and pullback.
Reason for buying:
Price broke the trend line and made a pullback to the broken trend line suggesting that now is time to start buying on the daily time frame.
Target:
The fib extension helps to determine our buying target.
Price has retraced to the 0.618 (1.90801) level which means that it'll go up to the 1.618 (1.90801) level.
Entry:
You can enter now or look for entry points on some lower time frames.
Price broke the trend line and made a pullback to the broken trend line suggesting that now is time to start buying on the daily time frame.
Target:
The fib extension helps to determine our buying target.
Price has retraced to the 0.618 (1.90801) level which means that it'll go up to the 1.618 (1.90801) level.
Entry:
You can enter now or look for entry points on some lower time frames.
