MichaelDForex

GBPAUD 8 hour Bullish Block - November 12, 2019

Long
OANDA:GBPAUD   British Pound / Australian Dollar
Price has broken out of trend
Looking for a retest. Critical level .87000 shows as a favorable entry
Two blocks are lined up where this retest could occur.
Equal highs pointed above
Price may come down lower and form a double bottom
- On the daily a k-tail is shown at around .87000 from several days ago.

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