RCP

GBPAUD: The great setup to go long

Long
FX:GBPAUD   British Pound / Australian Dollar
Hello traders.
GBPAUD is ranging between the channel and making harmonic moves as we see on the chart. the best opportunity to get involved in is to wait until the price finishes ABCD pattern @2.1260 at the channel support level and then go long. Besides this ABCD pattern is in 3 drives pattern. If you look left we have a very nice structure at this level. As we see the C leg of the pattern reversed at the edge of the channel which was the 3rd retest with the confluence of 200MA and long pinbar.
Avto_T
Green Luck
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