GBPAUD huge upside potential
On H1 time-frame you may easily find a nice place with a reasonable risk to try to enter a next bull run.
Daily chart assumes a large WXYXZ, within the last wave Z we've got waves A and B (consists of wxy so far).
A bit difficult to grasp for those unfamiliar with Elliott waves principles.
TP1 is around 700 pips upside, more upside if wave C will equal wave A (in a large wave Z), then the upside is around 1200 pips.
Daily chart assumes a large WXYXZ, within the last wave Z we've got waves A and B (consists of wxy so far).
A bit difficult to grasp for those unfamiliar with Elliott waves principles.
TP1 is around 700 pips upside, more upside if wave C will equal wave A (in a large wave Z), then the upside is around 1200 pips.