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TomProTrader
Nov 28, 2016 7:18 PM

AUDGBP buy set up Long

AUSTRALIAN DOLLAR / BRITISH POUNDICE

Description

Hi guys,

The AUDGBP is breaking out of the corrective downtrend, I am waiting for the lower move to finish and for it to breakout for the next impulse.

Thank you for your support.

Comment

Waiting to assure downside is over before buying. There could be a retest of bottom structure before upside begins, patience is key!

Comment

As I predicted, price will test bottom of main structure before any up move. If price breaks below bottom of structure wait for corrective structure before considering a short.
Comments
IvanLabrie
Looks solid.
TomProTrader
@IvanLabrie, I expect a new impulse, into the highs of structure. Good luck!
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