GBPAUD [LONG]

By Edu4X
Updated
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!!
Comment
Pushing up!!!
TP1: 1.9950 (+350 Pips)
TP2: 2.0500 (+900 Pips)
Comment
Move SL to Entry Point. Risk free!!
breakoutChart PatternsGBPAUDlevelsTrend AnalysistrendbreakWave Analysis

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