hussain9

GBPAUD Daily wave analysis

hussain9 Updated   
FX_IDC:GBPAUD   British Pound / Australian Dollar
I think we are in a double ZZ wave ,now we exactly in wave 4 of c wave of the final Y wave .
in this wave the price expected to touch the 38% Fibo and go up again for wave 5 .
after this wave 5 end a strong move down is expected and a bearish set up can be made .
keep an eye on it .
Comment:
in 1 hour :
wave 2 was sharp , so wave 4 expected to be side wave either flat or a triangle :

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.