IamShyamD

GBPAUD - End of B - Prepare to Sell

FX:GBPAUD   British Pound / Australian Dollar
1
Looking for the 4th & 5th waves to play out. I think we are 24 - 36 hrs away from a major top that should lead to revisiting 1.63 and maybe 1.6000 in a 5 wave move down (C leg). I d look to short 3 portions. First two would be semi light between 1.695 and 1.7000. Then watch price action closely to confirm the break before adding final full allocation.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.