Sofien-Kaabar

GBPAUD possible short-term bounce from Harmonic reversal zone

Long
OANDA:GBPAUD   British Pound / Australian Dollar
The reaction from the Fibonacci Moving Average should be limited to 1.8260/1.8240 harmonic potential reversal zone from the 5-0 pattern shown in the chart where a bounce should occur in tandem with the Swing indicator's proximity to its ascending support level. The bounce should be towards the area of the Fibonacci Moving Average close to 1.8340.

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