Hi traders we have a classical ending structure in the GBPAUD and as I mentioned before they can extend and extend and extend... The good thing is that these pattern almost always extend after a clear 3 wave correction. So always look for minor flag in the beginning of the reversal or be more careful when looking for a 'flag' after the third wave.

My target is still the same and I will short it again because my previous short took me out at break even.
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Chart PatternsForexGBPAUDGBPUSDstructureTrend AnalysisWave Analysis

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