GBPAUD Short then Long Trade..Brexit may affect Trade Setups… for FX:GBPAUD by Stargazer_fx — TradingView

GBPAUD Short then Long Trade…..

After a big Impulse from 1.80000 to 1.90000 level.

the market started a correction phase.after closing of 4hr candle below (.50 fib level) I will open Short trade.
For Short side I had 2 Take profit levels.

1 Tp – 1.84600 (.618 Fib level)

2 Tp – 1.83500 (till the ascending trendline ).

After Short trade I will look for Long side.If market close above (.618 Fib level) with a strong momentum.I will open Long trade till the resistance level .

NOTE: Brexit news may affect the Trade Setups.

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