traderWgun
Long

A-B-C complete. Upside to come.

FX:GBPAUD   British Pound/Australian Dollar
148 7 1
I was short this pair the last two weeks, and took profit last week.
Sell them rallies

Now we can see signs for trend continuation.

*RSI divergence
* 5-3-5 wave formation complete.
*fib conflunce levels.

Look below for more charts
Stopped out. Seems we jumped in to soon. EURAUD is clear. 1.40 (2x fib) figure should hold as support, otherwise another strong support near 1.36.

snapshot


NZDUSD seems to be in a triangle, more upside before bearish break?
Selling 100-150 pips higher.


snapshot


Good luck friends!
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ForceFollower traderWgun
I'm still long NZDUSD. I exited my short EURAUD exactly at 50% of your 3-A leg projected forward (downward from your B pivot). GBPAUD - stopped out, I'll stay away from this market for a while, until it gets clearer.
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traderWgun ForceFollower
Good work, I still think AUD and NZD are overvalued and should suffer more losses.
But in trading timing is everthing so let's wait for the right time to sell.
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A good analysis. Let me follow your idea. SL below the recent low, TP at 1.69115.
Reply
traderWgun ForceFollower
thx for the feedback. Yes we could see a upside correction before a finally low.
Reply
NZDUSD looks like it's starting a bear trend
snapshot
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#AUDUSD completed 5 up and showing a possible double top
snapshot
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