GBPAUD counter trend short

13 באוק׳ 2018

The Pound-Aussie Dollar has completed a bearish shark harmonic pattern to the exact fibonacci levels! GBPAUD has been on a rampage of an uptrend and looks to go for a much needed correction. This couples well with AUDUSD looking to turn temporary bullish on the 4hr and Daily charts. Shorts will become have a higher success rate near the high of last week. I am expecting 1-3 more tests of the high before the market corrects!