davidchalker

Price heading down in C wave

Short
FX:GBPAUD   British Pound / Australian Dollar
1
After a complex correction, we are nearing the end in a z wave.

Price will head upward in the short term to complete the B wave, then there may be a sharp reversal for an impulsive C wave down into the 1.66 area.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.