GBPAUD Reverses from Key Zone – Long Setup in Play!British Pound/Australian DollarFX:GBPAUDpejman_zwinToday I want to share with you a Long position on GBPAUD(GBPAUD). GBPAUD started to rise well from the Important Support line, Support zone(2.032 AUD-1.987 AUD), and Potential Reversal Zone(PRZ) and managed to close the 4-hour candle above 2.053 AUD (important). In terms of Elliott wave theory, GBPAUD seems to have completed the main wave 4. The main wave 4 structure was a Double Three Correction(WXY). Also, along the way, we can see a Bullish Marubozu candle, which could indicate a continuation of the uptrend. I expect GBPAUD to break the Resistance lines soon and attack the Resistance zone(2.078 AUD-2.066 AUD). First Target: 2.065 AUD Second Target: 2.076 AUD Note: Stop Loss(SL): 2.040 =Worst SL Please respect each other's ideas and express them politely if you agree or disagree. British Pound/ Australian Dollar Analyze (GBPAUD), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.