GBP/AUD is currently in a bullish recovery after a strong down trend, we are currently seeing signs of a reversal considering current price action let's monitor price reaction closely to see where the market takes us.
Ellipsis still has a hard time recovering after this huge pullback starting with its Binance listing.
We give it another shot looking at the bullish Head and Shoulders.
There is a small breakout below the 0.6 Fib which could be considered as a beartrap if we move higher.
Our target still is 16$.
It's a matter of time, so be patient.
Basic rules:
- Never buy...
