GBPAUD D1 Long base on 4 arguments - fibo, geo, SR and channel
Not os bad if there are 4 things in favour of long position. Alternatively, when failes, you can play short, after retesting S/R and channel bottom line.
What we have here is:
What we have here is:
- 61.8% fibo
- AB=CD (potentially)
- S/R zone
- bottom line of price channel