GBPAUD Look For The Big Wave Down
Hello traders,
It looks like to me, the B wave is complete and we are forming a WXYXZ sub wave pattern within the bigger C wave to the down side.
Look for a small move up to (1.801-1.802) range before getting the expected break down to (1.756 zone) and continuation a bit further more down to make a new low.
Note: If the B wave is incomplete, we could see 1 more move up to break the 1.834 top before going down but I think the probability of that is very low in comparison to this forecast.
Check out some of my other ideas down below.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below.
Don’t forget to like & follow, I will be posting forecasts & trade setups on a regular basis!
Thank you,
Good luck
It looks like to me, the B wave is complete and we are forming a WXYXZ sub wave pattern within the bigger C wave to the down side.
Look for a small move up to (1.801-1.802) range before getting the expected break down to (1.756 zone) and continuation a bit further more down to make a new low.
Note: If the B wave is incomplete, we could see 1 more move up to break the 1.834 top before going down but I think the probability of that is very low in comparison to this forecast.
Check out some of my other ideas down below.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below.
Don’t forget to like & follow, I will be posting forecasts & trade setups on a regular basis!
Thank you,
Good luck
Commento:
We are still looking for the down move, but just watch out for a small up move to complete a correction pattern.
Commento:
So far going as planned in last screen shot, and now we continue:
Commento:
Going very well so far!! I will post a new GBPAUD chart just to make things clearer!
