GBPAUD point of interest HEY TRADERS
GBPAUD in this analysis i'm bullish on this pair we see price has been respecting the previous low which formed a better double bottom
TRADE CRITERIA:
WHAT ARE WE EXPECTING:
currently price is at the double bottom and now what we need to see is a reversal pattern to reverse the price up
HOW DO WE ENTER:
wait for the first shape impulse up followed by a continuation correction get in on the correction
OUR STOP LOSS LEVEL:
below shape impulse correction
POSSIBLE TARGET:
top zone
TRADE INVALIDATION:
when price impulse bearish down and form a bearish continuation pattern i.e setup invalid
THANKS FOR READING
AS ALWAYS STAY SAFE AND TRADE SAFE!!!!! CPI TOMORROW
