GBPAUD: 600 pips max to hunt

Traders,

This pair is now facing a support zone ,and would probably go back to the neck position.
That 600 max to hunt.
GBPAUD has finished a ABCDE wave and found its support after that.
Check GBPUSD , BULL
AUDUSD, SIDEWAYS MOVE OR SLOWER BULL THAN GBPUSD.
So its possible for GBPAUD correcting from now on.

Less is more!

Trade chiuso: obiettivo raggiunto:

This trade was set up based on a bull sign on weekly chart.

Commento:

Which now is confirmed as a strong weekly support and we have 300 pips for target 1 .
But we did not make it till the end.
What a shame that we could not have enough patience.