TimStuyts

GBPAUD extending with lots of opportunities

FX:GBPAUD   British Pound/Australian Dollar
150 0 5
GBPAUD             made an impulse lower and I like to see a wave 4 consolidation today and tomorrow. This will present a reversal trade on lower time frames. Impulse-consolidation-impulse = 1-2-3. I'm not interested in a sell anymore this week, if we move lower I let that go and only focus on intra day reversal for a wave 4. Once wave 4 in red is over I like to sell wave 5 in red for a completion of wave 3 in green. Then I'll be looking for wave 4 in green reversal and wave 5 in green sell towards 1.64ish which will complete wave 5 in blue of larger degree as well as a Wave C of larger degree.

Somehow my post didn't get through the first time so this version is a little shorter, I will post my original view on the facebook             page of Tim Stuyts Inc, see link below.

http://www.timstuyts.com

www. facebook             .com/wwwtimstuytscom
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out