roy_cuzin
Long

My Top Forex Swing Trade - Buy GBP/AUD (20.06.16)

FX:GBPAUD   British Pound / Australian Dollar
The GBP/AUD             is moving in a perfect Elliott Wave formation, while recently had just ended the corrective wave number 4. According to the Elliott method, progressive wave number 5 should develop at this point with the potential upside movement towards the previous high, represented by the top of progressive wave number 3. The fact that corrective wave number 4 corrected exactly 50% of the whole upside trend enhences the expectation for the fifth wave to accure.
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