GBPAUD Advance Pattern Trading Scenarios
As you can see in the chart there are potential trading setups in this pair.
If you are not familiar with the fibonacci inversion trading setup I will update later this Idea with an educational post.
As far market is trading below a significant level. Although technical analysis maybe justify a short position from that level. This is not part of my trading plan.
I will sit back and wait for a possible completion any of the patterns and for thr price action and RSI confirmation.
In that cause I will update.
WIth Regards,
Michail SIderis
If you are not familiar with the fibonacci inversion trading setup I will update later this Idea with an educational post.
As far market is trading below a significant level. Although technical analysis maybe justify a short position from that level. This is not part of my trading plan.
I will sit back and wait for a possible completion any of the patterns and for thr price action and RSI confirmation.
In that cause I will update.
WIth Regards,
Michail SIderis