FX:GBPAUD   British Pound / Australian Dollar
Hi fellas,

I have been waiting for this setup for a while now. Now that XABCD step has been completed and the price action supported it exactly how it should be. Hence we have an opportunity to go long on this. I have marked tp and sl as well.


Let me know your thoughts.

Good luck and trade safe.
Trade closed: target reached: I hope you guys enjoyed the easy 114 pips.
In an alternative analysis on a higher time frame, there has been scalloping. But each scallop is losing steam. There is potential for a limited travel north to the extent shown on your 60 min time frame. After that the vague double bottom on 4H could bounce north but then anything is possible. Overall my probability estimate is for the south.
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BannaKhan Captain_Walker
@Captain_Walker, Thanks for your input. Target already reached and I have closed my trade. Will looking to enter again.
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@BannaKhan, Excellent shot!! Well sniped!
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BannaKhan Captain_Walker
@Captain_Walker, Thanks mate, appreciate the support.
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