FX:GBPAUD   British Pound/Australian Dollar
109 6 0
Looks like is time to see a correction in this pair.

I'm short from 1.7200, but I will look to add on rallies.
We should see a clear 5 waves down from the highs.

Look below for more charts
23.6 fib is res ATM
snapshot
Reply
The correction looks like a flat in an uptrend (3 waves down then 3 up and finally 5 down below the first low)

snapshot
Reply
snapshot


It could also be a 5-3-5 or a 5-3-3 in a triangel.
Reply
...but the clear bearish price action on weekly suggests it's not a triangle
snapshot
Reply
I have added SL 1.7130. looks like 4 wave triangle
snapshot
Reply
Closed my positions for +150 and +330 pips. Will revisted this pair later
snapshot
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out