GBPAUD LONG AB=CD

٦ أكتوبر ٢٠١٥

going long on this AB=CD pattern. the c leg retrace of A-B was at 707 fib so C to D leg 1.41 fib ext. we also have convergence between price and momentum indicator. Also if you measure the previous leg C retraced to 0.61 then price dropped all the way to that 1.61