Scott Barkley
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Scott Barkley in Proact Traders,

$GBPAUD- reversal?

Currently we are @ 1.6403 and finishing a 5th wave.  We have a heads and shoulders pattern printed and  are looking for a continuation back to the 0.618 Fibo @ 1.6571 and a break there to the support @ 1.6717. The average daily true range (ATR) for the pair currently is 156 pips.


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