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GBPAUD: Elliottwave strucutre calling more upside to 2.155

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 22, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Short term Elliott wave view suggests decline to 2.078 ended wave W. From this level, pair is rallying higher in wave (W) in double three structure where wave (W) ended at 2.13, wave (X) ended at 2.102, and wave (Y) of (W) is in progress towards 2.155 – 2.167 equal leg area before turning lower. Near term, wave (x) pullback is in progress towards 2.13 – 2.1325 area before turning higher towards 2.155 – 2.167 to complete wave (W). While wave (x) pullback stays above wave (X) low at 2.102, but

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