FX:GBPAUD   British Pound / Australian Dollar
On this chart I see an impulse followed by a short correction.
I anticipate a downwards move towards the trendline .
If there is consolidation on the trendline similar to the corrective pattern we see now, then I expect a break of the trendline and continuation downwards.
Also I have labelled an ABC pattern with C being 1.618 times larger than A and wave B finishing at the 61.8% level of wave A.
This adds confluence to the count.
Moving average is approaching price action, MACD and RSI appears to be looking downside as well.
Any advice or feedback is appreciated.
Thanks.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out