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lawlee9
Jan 25, 2019 1:20 PM

GBPAUD - Retracement to set up for a massive long Long

British Pound/Australian DollarFXCM

Description

A lot of buying power in GBP, brought this right up to a trendline resistance.
Looking for a big correction to offset the recent bullish move.
I see the past movements as the 1st wave, and we'll be setting up a for a large 3rd wave.
Down week next week, to close the month just above monthly support.
February into May will be bullish.

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4HR

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Comments
gcplau
Overall... very nice, bro!
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