GBPAUD - Ready to unwind down
Price did not tag Wave iv in Dec 2023, meaning there is a high chance of unfinished business down there.
The strong move up has corrected to previous resistance (likely wave 4 or B) with a deviation. I am going with Wave B because quick moves like this looks like X.
IMO, the deviation has already been triggered on lower time frame. Ripe for a short.
The strong move up has corrected to previous resistance (likely wave 4 or B) with a deviation. I am going with Wave B because quick moves like this looks like X.
IMO, the deviation has already been triggered on lower time frame. Ripe for a short.