glennmercer

GBPAUD Short on Wolfe Wave

Short
FX:GBPAUD   British Pound / Australian Dollar
A possible Wolfe Wave setup has presented itself, giving us an opportunity to go short on GBPAUD. The missed daily and weekly pivots will drag the pair down toward its 1-4 profit line. A stop loss may be placed above the highs and profit should be taken around 2.07.

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.