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glennmercer

GBPAUD Wave Count: Bullish Impulse Channel

Long
British Pound / Australian Dollar (FX:GBPAUD)  
glennmercer Updated   
FX:GBPAUD   British Pound / Australian Dollar
GBPAUD Elliott Wave wavecount EW channelbreak glennmercer gmercermfx
14
0
gbpaud elliottwaves wavecount ew channelbreak glennmercer gmercermfx
In FX it is important to leverage strong currencies against weak currencies. GBP is our strongest and AUD is the weakest on news over the past 24 hours. I'd like to get long through wave-((5))-of-v-of-(v) to ride the bullish trend. Next related predicted volatility due to news is in about 20 hours.
Trade active:
+33 Pips, SL Moved to B/E
snapshot
Trade closed manually:
+21 pips. Stopped out at PSAR

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