Hello traders,
On
GBPAUD
we can see a test on the 1.95 level for the second time, being the first at the end of March, and this last test formed a bullish engulfing pattern with a shooting star . It is now breaking from the downward trend it has been on April.
Plus, on the 1H chart the 20 EMA is almost crossing the 50 day EMA . And the MACD is showing some bullish strenght.
Have a good week and trade safely!!
On
GBPAUD
we can see a test on the 1.95 level for the second time, being the first at the end of March, and this last test formed a bullish engulfing pattern with a shooting star . It is now breaking from the downward trend it has been on April. Plus, on the 1H chart the 20 EMA is almost crossing the 50 day EMA . And the MACD is showing some bullish strenght.
Have a good week and trade safely!!
Comment:
Move SL to Entry Point. Risk free!!
TP1: 1.9950 (+350 Pips)
TP2: 2.0500 (+900 Pips)