GBPAUD, wait for price to bounce of trendline
GBPAUD is a very bullish pair currently, piphunters will wait for price to bounce from trendline and timing entry on 4H or 1H chart depending on volatility.
Daytraders could take this retracement as an opportunity to go short, but piphunters are conservative and we will trade in the direction of the trend :)
If price break daily trend line we must look for short entries!! Using the A-B-C approach
Daytraders could take this retracement as an opportunity to go short, but piphunters are conservative and we will trade in the direction of the trend :)
If price break daily trend line we must look for short entries!! Using the A-B-C approach