GBPAUD BUY SETUP

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I'm looking at this pair for a potential buy.

Price is currently at the 61.8 fib level on the daily.

If it respects this level and I see a trend line break, I will be looking for buys on the correction.
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Looking for a break of the inner trendline and then the outer for a retracement to 61.8 of the move down.
elliottwavecorrectionelliottwaveretracementElliott WaveFibonacci RetracementgbpaudbuygbpaudlonggbpjpylonggpbaudTrend Analysis

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