GBPAUD - Pulling back to a perfect BUYING area
Weekly: Bullish candle close last week has us looking at further upside movement. Price did fall as far as 1.83400 last week before finishing the week strong and closing above the 1.8500 level, indicating to me that the bulls are in control
Daily: Fridays bullish engulfing confirms the creation of a new higher low so we can expect the price to now form a higher high. Obviously our bullish bias remains as-long as we are trading above the CTL
4hr : presents us with a decent scenario where we can enter long on a pullback into our fib reversal area . This presents us with a great risk to reward trade
Daily: Fridays bullish engulfing confirms the creation of a new higher low so we can expect the price to now form a higher high. Obviously our bullish bias remains as-long as we are trading above the CTL
4hr : presents us with a decent scenario where we can enter long on a pullback into our fib reversal area . This presents us with a great risk to reward trade