[b]GBPAUD – Following Gbp trending is still showing performance

GBPAUD – Following Gbp trending is still showing performance to buy this pair.
Trend: Buy/ Neutral
Support/Resistance:
R3: 1.89290
R2: 1.88062
R1: 1.86018
S1: 1.86018
S2: 1.84966
S3: 1.83158
Price action:
Price is headed from lower perspective sell, but last daily candle from buyers have been well defensed, even if they didn't push price that high. If the price will continue from level 1.87158, then we are going long position. If price will hold below 1.86018 level, then sellers might push lower, to test buyers supports
Potencial trade idea:
Bulls targets:
T1 = 1.88062
T2 = 1.89290
Bears targets:
T1 = 1.84966
T1 = 1.83158
NOTE – We are trading GBPAUD via the preferred trading setups

Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased.

Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.


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