GBPAUD long

5 thg 6, 2024

Weekly;
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• ]Price closed above 1.9105 region which is a massive buy zone.
  
• We rested that zone last week and this week as well.
  
• This tells me that price is headed upwards
  

Daily;

• Price retested 1.9100 twice and gained a rush of momentum to the upside.
  
• Yesterday we saw that price broke above the previous high of 1.9250 and formed a body closure above 1.9180 which is a daily region.
  
• However, orders were not enough to take it to 1.9290.
  
• So it has price is looking for a region to collect orders
  

4 hour;

• For this timeframe, I am looking for regions to buy price.
  
• The regions include;
  

1. 1.9135 (highest confluence)
   
2. 1.9180