TradingView
Sofien-Kaabar
Nov 9, 2021 7:52 AM

GBPAUD possible short-term bounce from Harmonic reversal zone Long

GBP/AUDOANDA

Description

The reaction from the Fibonacci Moving Average should be limited to 1.8260/1.8240 harmonic potential reversal zone from the 5-0 pattern shown in the chart where a bounce should occur in tandem with the Swing indicator's proximity to its ascending support level. The bounce should be towards the area of the Fibonacci Moving Average close to 1.8340.
Comments
kofibrainy
I believe is gonna complete the HnS if it hits your buy spot.
remember it's a downtrend.
More