GBPAUD Breakout Opens Doors For Longs

FX:GBPAUD   British Pound / Australian Dollar
Price in GBPAUD             has been in a corrective structure since September having already completed a five wave corrective pattern. A sharp impulsive upmove has broken the 5th wave of the pattern offering us a very good long opportunity. But we shouldn't jump in right away. We should wait for a correction of that move and then jump in the market with a buy order
Agree with this one!
+1 Reply
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