GBPAUD - Counter-trend Long Idea Long

BRITISH POUND / AUSTRALIAN DOLLARICE

Description

⋅ Jun 12, 2017 11:40 AM

Price has fallen to the 50% fib of the dominant uptrend.
There is bullish divergence on 4H
Should the 2nd test of the recent low hold (1.6767), I will look to buy the first green candle