GBPAUD - 5th Elliot Wave
Please refer to text on chart.
Price is forming a nice Elliot wave pattern here, I'll do an aggressive, low risk entry. However if the trade doesn't work and get in lower. The R/R for this trade is amazing so I don't mind having to take a few tries.
** Remember, we do not predict future price. We simply react to current price movements based on our interpretations of past data.
Price is forming a nice Elliot wave pattern here, I'll do an aggressive, low risk entry. However if the trade doesn't work and get in lower. The R/R for this trade is amazing so I don't mind having to take a few tries.
** Remember, we do not predict future price. We simply react to current price movements based on our interpretations of past data.
Note
Hope everybody got in before the move! Will sell half at wave 3's high.Note
Took 1/2 profits. Will let the rest ride or until 1.89096 is broken.Trade closed manually
Looks like the momentum is over. Closing trade.
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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.