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GBPAUD: Descending Channel Breakout Invites Buyers’-Bullish.

 

 

Hello traders,

In the daily time-frame, GBPAUD channel break-out initiates the Buyers invade into the market. A markable impulse from the breakout zone validates the further move the price range might fetch the 1.84458.
Due to Buyers’ Invade the market may tend the back to back pullback and throwback action s. In this case, the price range 1.78221 & 1.77451 would be the Pending Entry for this trade.

Or else, continuous decline after the reversal on the seller’s zone 1.77451 later, could decline more so traders close the trade @ 1.75135

Signal Specification

Entry: 1.80213

Tp: 1.84458

P.Entry: 1.78221- 1.77451

Sl: 1.75135

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26 Dec 2018 1:52 pm Posted by tamilforex

 
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