Day trade : Counter long on ascending channel

2020-02-04 05:42:13

I am currently short based on monthly channel, but we also have a ascending channel support showing up on 4hr. Technically it looks like a run to 1.95 isn't unlikely, so i would take my chance here getting in at 1.94100. Let stops take me out.

Its an anticipatory trade, no confirmations found yet and RBA can have GBPAUD go way lower !