GBPAUD LONG!!
Hi guys,
Here we have a nice setup on GBPAUD pair. As you can see this pair recently moved beyond 50EMA and created a new high followed by a nice pullback which came close to EMA and bounced with a bullish engulfing candle which suggests it is on course to move higher to make at least a double top if not more.
I have therefore gone long on this one and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
Here we have a nice setup on GBPAUD pair. As you can see this pair recently moved beyond 50EMA and created a new high followed by a nice pullback which came close to EMA and bounced with a bullish engulfing candle which suggests it is on course to move higher to make at least a double top if not more.
I have therefore gone long on this one and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
Trade closed: target reached
Closed with 92 pipsTrade closed manually
Closed my final position with 281 pips.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.