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May 24, 2020 5:25 PM

GBPAUD_WAVE_PATTERN_ANALYSIS  Short

FX_IDC:GBPAUD240
BRITISH POUND / AUSTRALIAN DOLLARICE

Description

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LONG TERM SELL OPPORTUNITY, EXPECT A CORRECTIVE 3 WAVE STRUCTURE TO FORM THIS IS TO CORRECT THE PRESENT 5 WAVE STRUCTURE AFTER WHICH A BREAKOUT FROM THE CHANNEL WILL OCCUR TO GIVE WAVE 3, WAIT FOR THE BREAKOUT BEFORE GOING SHORT
Chart PatternsElliott Wave
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