Here is the foundation for my trading plans with GBPAUD.
Lately, I have been starting to look at the market in fractals, meaning that especially during periods of corrective price actions the market often moves in 3 wave patterns. Each of these patterns consists on a lower level of some kind of 3 wave pattern e.g. ABCs or WXYs of all kinds.
This is what I´m trying to show here with this long-term outlook on GBPAUD.
I hope it will help you and please comment and discuss.
Lately, I have been starting to look at the market in fractals, meaning that especially during periods of corrective price actions the market often moves in 3 wave patterns. Each of these patterns consists on a lower level of some kind of 3 wave pattern e.g. ABCs or WXYs of all kinds.
This is what I´m trying to show here with this long-term outlook on GBPAUD.
I hope it will help you and please comment and discuss.