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capitalpropertiesfx
Mar 5, 2015 5:17 PM

GBPAUD - reversal coming? 

British Pound/Australian DollarFXCM

Description

This one took a lot of time to reach my target area and during that time, the structure changed. If indeed we had a triangle, then this means that the measured move is done and it is possible that we'll retrace everything. But before that, we need clear hints that the current area we are in at the moment, becomes support. If that happens then new highs should come quickly.

Watching this one very closely.
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