GBPAUD long term; will weekly trendline break?
Now price is on the weekly trendline.
note the divergence that indicates the possibility for reversal on price direction.
look at recent overlapping price action that indicates its a correction phase.
the corrective pattern looks like WXYXZ
if it reverses and continue overall uptrend, there is opportunity to gain thousands of pips.
lets see how it going...
note the divergence that indicates the possibility for reversal on price direction.
look at recent overlapping price action that indicates its a correction phase.
the corrective pattern looks like WXYXZ
if it reverses and continue overall uptrend, there is opportunity to gain thousands of pips.
lets see how it going...
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