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Alwyn_AMD

Long before Short

British Pound / Australian Dollar (OANDA:GBPAUD)  
Alwyn_AMD  
OANDA:GBPAUD   British Pound / Australian Dollar
Trend Analysis Harmonic Patterns Wave Analysis NORECAFX
2
0
trendanalysis harmonicpatterns waveanalysis norecafx
GBPAUD
The Pair seems to be in Monor Wave 2 of Intermediate Wave 3. A great Intraday long Opportunity trading Minute Wave of 2.
However i dont like trading Wave 2 When Wave 1 is a diagonal..

If this Count is correct, THEN we will see a short term rally about 240 pips before we see a long term decline assuming Wave 2 is a zigzag.
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