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The-Engineer-7

GBPAUD Analysis by Elliot Waves Theory

Short
British Pound / Australian Dollar (FX_IDC:GBPAUD)  
The-Engineer-7 Updated   
FX_IDC:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Wave Analysis
10
4
trendanalysis chartpattern waveanalysis
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)
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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