GBPAUD
Pattern: Bullish triangle
Confirmation: Uptrend / Yes. Price being wedged between support and trend.
Entry: we are either going to see this break upwards out the triangle trend down to continue its bull run or see it test a potential new marked support shown on graph which would also bounce off of 0.618%. I do anticipate this to continue its long term up trend but will enter on price action and price volume size as it approaches breakout.
Don't forget to give us a follow :)
Confirmation: Uptrend / Yes. Price being wedged between support and trend.
Entry: we are either going to see this break upwards out the triangle trend down to continue its bull run or see it test a potential new marked support shown on graph which would also bounce off of 0.618%. I do anticipate this to continue its long term up trend but will enter on price action and price volume size as it approaches breakout.
Don't forget to give us a follow :)
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