GBPAUD bullish Gartley + Wolfe wave + Parallel Channel inflexion Long

British Pound/Australian DollarFXCM

Description

⋅ Oct 9, 2015 5:44 AM

GBPAUD Long @2.10752
SL:2.085
TP1:2.136
TP2:2.168
TP3:2.237

I will entry with 5 reasons:
1.Gartley pattern
2. Inflexion of lower parallel channel
3.0.886 retracement of XA
4.RSI(7) overbought
5.Wolfe wave

Comments

jdelcura

⋅ Oct 9, 2015 8:43 AM

Thanks for sharing your ideas, do you think the bad economic data from England will affect this forecast?

wuguangwen

⋅ Oct 9, 2015 8:56 AM

thank you. I rarely highlight fundamental.I would trade with a good RR.