My view GBPAUD W1: -Trend: Minor uptrend -Close above support. -Test support, give bullish candle ! --> BUY D1: - Tendency: Upward - Test resistance, move down weakness --> Waiting signal bar--> BUY H4: - The price tested resistance daily, give minor downtrend - Waiting, the price pullback fibo 50%, give signal--> BUY
Hello Dat, your 17930 level has been tested 3 weeks and now squeezing upward. Is it right to expect, if the level is to break, it will be an impulsive break, since the sellers are gradually "absorbed" during the 3 weeks....no matter break or reject...I expect impulse.