GBPAUD compelling opportunity for downside!

Hi traders,

The pair GBPAUD giving a high probability short into the lows, in the form of a 3 wave move. I am expecting a break of the sideway support line (as outlined on the chart) and a continued breakdown into the lows into the support zone where it could bounce. I expect this down move to be an impulse.

Like and follow all my ideas to motivate me to continue posting more content.

Best regards,
Tom_Killick

הערה:

A nice retest of the sideway support turned resistance line. It is now breaking down, and looks like we will finally get the 3 wave move we was expecting, giving a move to the support zone below.

הערה:

Very strong breakdown today. Patience of waiting for the retest of sideway support turned resistance proved worthwhile.

Price is now in free fall to downside and is capable of making a strong down move.