GBPAUD - I am buying low in the demand.
GBPAUD moved down taking out a weak demand level on the daily chart. Now it is approaching to the distal line of the fresh demand. I am buying there.
I earned a lot of money trading this currency, I would continue in this direction taking advantage from the bearish scenario.
What I really take in consideration in this scenario is that the unbalancing from this level was fast and strong enough, then I can expect that this fresh demand level could affect the currency price with enough demand willing to make it cover at least 1 half of the last bearish candle in the weekly chart.
What do you think about this currency?
Thank you
Girolamo Aloe
I earned a lot of money trading this currency, I would continue in this direction taking advantage from the bearish scenario.
What I really take in consideration in this scenario is that the unbalancing from this level was fast and strong enough, then I can expect that this fresh demand level could affect the currency price with enough demand willing to make it cover at least 1 half of the last bearish candle in the weekly chart.
What do you think about this currency?
Thank you
Girolamo Aloe
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