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EURAUD possible gap close

Long
Euro / Australian Dollar (FX:EURAUD)  
rodrader  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Technical Indicators Exponential Moving Average (EMA) gapclose LONG retest pullback
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trendanalysis chartpattern indicator ema gapclose long retest pullback
Trade this idea only if criteria is met. Price has broken the 200ema and pull backed. Now in case the price action breaks the channel upwards and two candle sticks closes above it, we could be looking for a trade long where the price will try to close the gap between 50EMA and 200EMA on the 1H timeframe. Take profit at 200EMA of 1h timeframe.

Trade wisely! Wait for the right setup.
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