GBPAUD - Catch This Massive 1600pip Swing Trade!
GBPAUD is currently in a 335 ABC correction. We are in wave C now and expecting 5 waves.
For wave C, we've seen subwave 1 and currently in subwave 2. Expecting subwave 2 to complete soon. We'll be looking for a breakdown to confirm that subwave 3 has started.
We're expecting price to stay below invalidation so we'll be keeping our stops above that level for now and then moving it lower (above subwave 2) once subwave 3 has been confirmed.
Trade Idea
- Watch for completion of subwave 2
- Watch for lower timeframe trendline break, BOS etc, to confirm reversal
- once entered, keep stops above invalidation
- Targets: 1.92 (1000pips), 1.86 (1600pips)
As always, trade safe!
For wave C, we've seen subwave 1 and currently in subwave 2. Expecting subwave 2 to complete soon. We'll be looking for a breakdown to confirm that subwave 3 has started.
We're expecting price to stay below invalidation so we'll be keeping our stops above that level for now and then moving it lower (above subwave 2) once subwave 3 has been confirmed.
Trade Idea
- Watch for completion of subwave 2
- Watch for lower timeframe trendline break, BOS etc, to confirm reversal
- once entered, keep stops above invalidation
- Targets: 1.92 (1000pips), 1.86 (1600pips)
As always, trade safe!
Catatan
GBPAUD 2Week 
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Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.