This is the 2week chart for GBPAUD. We're in a 535 zigzag pattern.
We can see that we've completed wave B (3), which was an ABC correction.
We are now in wave C and anticipating a 5 wave move down, in line with the 535 zigzag schematic.
On lower timeframe we'll be looking for this current correction to breakdown.
Trade Idea:
- Watch for current correction to complete
- Enter on break of the correction
- Invalidation level for this short scenario is above the completion of wave B
- Swing Targets: 1.8 (1300pips), 1.7 (2500pips), 1.6 (3500pips), 1.5 (4500pips)
Goodluck and as always, trade safe!
We can see that we've completed wave B (3), which was an ABC correction.
We are now in wave C and anticipating a 5 wave move down, in line with the 535 zigzag schematic.
On lower timeframe we'll be looking for this current correction to breakdown.
Trade Idea:
- Watch for current correction to complete
- Enter on break of the correction
- Invalidation level for this short scenario is above the completion of wave B
- Swing Targets: 1.8 (1300pips), 1.7 (2500pips), 1.6 (3500pips), 1.5 (4500pips)
Goodluck and as always, trade safe!
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。