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HayatoDragonFX

GBPAUD, Daily tf, buy the end of retracement

Long
British Pound / Australian Dollar (FX:GBPAUD)  
HayatoDragonFX  
FX:GBPAUD   British Pound / Australian Dollar
Support and Resistance Elliott Wave Wedge GBPAUD gbpaudlong gbpaudbuy gbpaudanalysis elliottwaveprojection elliottwaveforecasts priceaction Rising Wedge
3
0
supportandresistance elliottwaves wedgepattern gbpaud gbpaudlong gbpaudbuy gbpaudanalysis elliottwaveprojection elliottwaveforecasts priceaction risingwedge

As you can see, we complete the retracement of this recent upwards movement which looks like rising wedge or leading diagonal in elliott wave.

We stopped exactly at 61.8 fibonacci retracement.
I am now going to buy this pair aiming for the potential rally of this pair.

Buy GBPAUD 1.7750
Stop loss 1.7680
Take profit 1.7960 (3R)

Use only 1-2% risk
Good luck
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