FX:GBPAUD   British Pound / Australian Dollar
Price getting ready to complete its 5th wave down to the next level of daily support, where at that point I will look for a potential reversal. Price came back for a bit deeper of a retracement & is now rejecting a strong level of daily resistance / the 50% fibonacci zone.
Comment: 50% fib broken to the upside, waiting for further confirmation
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snapshot
Last chance here, price must close on the daily below 1.73600 area
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evening star 200 EMA rejection plus a bearish engulfing candle forming, we may be in route to make new lows
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Sitting in nice profit : )
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beautiful pullback, & now a continuation to the downside target
Very Nice sir
+1 Reply
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