DACapitalTrading

GBPAUD - EDUCATION - 07. JULY. 2019

DACapitalTrading Updated   
FX:GBPAUD   British Pound / Australian Dollar
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1 HOUR
Shortterm bullish break above previous small pin and Pullback.

4 HOUR
Bearish market structure made new lows and took out long holders.

DAILY
Bearish waving market need its next pullback shortly.

OVERALL
Expecting market to break below lows one more time before heading back up
to its wave structure and average price action. Market strongly oversold and made
a pullback of 80% of previous Low/High Wave formation.
Good luck

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Have a great week everyone!

ALAN
Comment:
Slow market open..
Comment:
Climbing slowly..
Comment:
nothing really interesting for us, lets wait.
Comment:
very slow market
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