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GBPAUD

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Hi there fellow traders! My view on GBPAUD is bearish, I believe the market is creating Lower-Lows & Lower-Highs, which can also qualify as a 5 wave Elliot pattern. Looking closely at the 4H chart, we may have a achieved a broken trend line with a possible re-test as Resistance. GBPAUD can go as low as hitting our (support) trend line (this may be as our second target). Good luck.

Dagangan aktif

It is important to protect your profit since the market is running into a major resistance.

Nota

Support, not Resistance.

Dagangan aktif

Target achieved, price may still go as low as hitting our support trendline.

wedidmakepipsbro

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