GBPAUD - long after break daily group wave

Look left the group wave weekly (I) (II) (III) (IV) (V) (VI) is at Uptrend because wave (VI) wasn't beyond 120% of weekly resistance (1.72039), then She goes up and passes over 120% Fibonacci extension (1.79902) of group wave Daily I, II, III, IV. Thus I predict he will go follow the weekly trend. The group wave Daily have to restart count wave, now she is at wave I.
At the present, GBPAUD has a rule at group wave H4 (1) (2) (3). We should wait he drop at zone wave (4) for Buy.
If GBPAUD drops beyond 1.7768 he will go down with previous Daily magnitude (1.7060 - 1.73811) zone of group Daily wave II

Thanks for look my ideas. Have a nice weekend.

Commentaire:

stop loss moved (260 bibs available)

Commentaire:

Commentaire:

Stop loss moving with 345 bibs available

Trade fermée manuellement:

Take profits 1 at 90%: Stop loss moving. 375 bibs profits. and Target 2 still keeps and moves to follow symmetry rule wave (120fibo extension)

Trade fermée manuellement:

tp2 closed with 380 bibs