GBPAUD anticipated last leg lower seems in progress
A week ago, before the impulse higher for the GBPAUD I explained why I favored a last leg lower for the GBPAUD before we see a bullish break out. Have a look at that post for context.
If we indeed see that new low for wave 11, we not only have a corrective structure but also an extended corrective wave pattern. When price is closing in on the bottom I will update and see whether we are able to spot more confluence. In case price reverses I like to buy the break out because the major trade will be a buy trade.
timstuyts.com
facebook/timstuyts/
If we indeed see that new low for wave 11, we not only have a corrective structure but also an extended corrective wave pattern. When price is closing in on the bottom I will update and see whether we are able to spot more confluence. In case price reverses I like to buy the break out because the major trade will be a buy trade.
timstuyts.com
facebook/timstuyts/
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.