GBPAUD approaching a nice selling zone

FX:GBPAUD   British Pound / Australian Dollar
74 1 4
100% fib extension plus 61.8% retracement confluence making it a nice area for a short position as this pair shows divergene plus ABCD pattern completition.
I like the idea. It took me a little while to figure out that you put the 50 fib near the 1.71 level to call it the 100 the extension. I would have put the 100 at the near 1.71 top and called around 1.727 the 200 extension. But that's the same really. But 100 isn't really an extension. Nicely spotted!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out