GBPAUD long term view
I've been posting about this pair on twitter for a while and the first short was by means of a pending at 2.20. I'll be updating on tradingview from now on as well.
I like to see a test of 2.00 for wave 5 of wave Y and next 1.98 which is the 50% fib ratio swing high/low.
However lower time frames have to complete their structure first and we see 1hr time frame getting oversold for at least short term Pound strenght potential. Ideally after we see a wedge unfold before major long term reversal.
Updates will follow.
GBPAUD
I like to see a test of 2.00 for wave 5 of wave Y and next 1.98 which is the 50% fib ratio swing high/low.
However lower time frames have to complete their structure first and we see 1hr time frame getting oversold for at least short term Pound strenght potential. Ideally after we see a wedge unfold before major long term reversal.
Updates will follow.
GBPAUD
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.