GBPAUD Classic Wave Analysis Sell Setup

Price has broken below a wedge pattern and is now consolidating below it. Most likely it will climb a little to retest the lower trendline where a sell order is waiting. If this setup doesn't not trigger and price drops, we may sell when price break below the consolidation ( i will update that)

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Kommentera:

This setup never triggered. It would be a good one as price reached our initial target. Let's move on!