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
Closed my positions for +150 and +330 pips. Will revisted this pair later
snapshot
Reply
I have added SL 1.7130. looks like 4 wave triangle
snapshot
Reply
...but the clear bearish price action on weekly suggests it's not a triangle
snapshot
Reply
snapshot


It could also be a 5-3-5 or a 5-3-3 in a triangel.
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
23.6 fib is res ATM
snapshot
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out