Balazs

GBPAUD - 1 Done, More to Go!

Long
FX:GBPAUD   British Pound / Australian Dollar
6
Anticipating some big movement upwards now that we have finished a completed 5 wave move. After the ABC correction completes we're looking to BUY.

Potential targets are:
- Previous wave 5 high
- 127 extension (which happens to be around the same length as the larger wave 1)
- 1618 extension (along the previous main structure, June 30, 2016)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.