GBPAUD H4 Wave C Down.

2020-01-23 08:54:25

H4 We have a impulse down and 3 up with bearish divergence forming, I'm looking to trade the wave C down.

H1 We have no bearish divergence so I cant rule out the Z up so cation needed if taking a short. If I get the sell setup I will take it in case we get the H4 wave C down from here, if it turns out to just be a C down before the Z up I'll take a BE trade and look for the short again at the completion of the Z.
https://www.tradingview.com/x/Y1Ulvzbh/

Good luck and trade safe!

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