farid_ardavani

GBPAUD long term; will weekly trendline break?

FX:GBPAUD   British Pound/Australian Dollar
Now price is on the weekly trendline .
note the divergence that indicates the possibility for reversal on price direction.
look at recent overlapping price action             that indicates its a correction phase.
the corrective pattern looks like WXYXZ
if it reverses and continue overall uptrend, there is opportunity to gain thousands of pips.
lets see how it going...
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