HayatoDragonFX

GBPAUD, Daily tf, wave-5 to the upside

Long
FX:GBPAUD   British Pound / Australian Dollar
Hello my friends,

It's been long since my last post.
I was waiting for a really good setup to come to me and finally have one.

GBPAUD currently at trend line and MA-200 support right now.
Using Elliott wave principles, we might be seeing this pair reverse to the upside as long as it hold above 1.8250.

In my opinion we're at the rnd of wave-4 and will start wave-5 to the upside soon.

Buy GBPAUD 1.8400
Stop loss 1.8250
Take profit 1.9370 (6.4R)

Use only 1-2% risk
Good luck