GBPAUD -Bullish divergence present but wait for retracement

2019-12-24 08:40:41

GBPAUD There is a bullish divergence present that I believe it will do a short rally from wave A->B but I don't see this as the bottom of the retracement as Eliott Wave doesn't show it's finish. Waiting for the retracement to complete then will be bullish. Will become ultimately bullish if it breaks above the 5th wave.