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thillygoosth

GBP/AUD possible expanded flat on daily

British Pound / Australian Dollar (OANDA:GBPAUD)  
thillygoosth  
OANDA:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Wave Analysis GBPAUD Elliott Wave expandingflat correctivestructure
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trendanalysis chartpattern waveanalysis gbpaud elliottwaves expandingflat correctivestructure
GA is right between the 800MA (Blue) and 200MA (red). It came off the 800 turned down. If it was to make an expanded flat here, that would be a lot of pips to the downside to break trend line. It seems to measure out to do that. Keep in mind the time frame and the pair. Plus the speculative nature of this analysis. Also the complications and time span of complex "B" waves.
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