GBPAUD, tech analys, long

FX:GBPAUD   British Pound / Australian Dollar
42 0
todays FOMC can ruin everything
1. Overall bearish trend ;
2. Possible price reversal zone either near previous channel support or at flag resistance (where there is also a bearish WW formation);
3. WolfeWave (green arrow) votes for the double top on a channel resistance;
4. Bullish flag votes for the double top on a channel resistance;
5. Double bottom with 0.764 retracement votes for double top on a channel resistance.

Summing up
It can be a nice long until, but it has decent chances of reversal in the PRZ; will take it into consideration.
My trigger is Wolfewave that has nice winning percentage on that currency if it rebounds from the 5th point.
Dec 17
Trade closed: stop reached
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