GBPAUD Analysis by Elliot Waves Theory
We think that GBPAUD will continue for downward direction as long as no breaks for wave x at 1.79611
another reason for this is the price now at a strong supply area
another reason also that a hidden divergence is clearly occurred on highly time frame (daily and H4)
another reason for this is the price now at a strong supply area
another reason also that a hidden divergence is clearly occurred on highly time frame (daily and H4)
Trade active
Trade closed: stop reached
The analysis has failed , the good news we will look for a strong long direction
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.