Long on GBP/AUD BUY BUY BUY !!!!
Updated
Reasons for
-As you can see we have Lower highs and lower lows
-This shows us a clear down trend on the daily Timeframe
-We have bounced from our key level at 2.00000 and have found some bullish momentum
-As you can see we also have our trend line underneath Price
-So essentially we are still up trending on the higher timeframes
-The past day put in a long wick to the downside confirming the rejection at 2.00000
My entry 2.01845
-As you can see we have Lower highs and lower lows
-This shows us a clear down trend on the daily Timeframe
-We have bounced from our key level at 2.00000 and have found some bullish momentum
-As you can see we also have our trend line underneath Price
-So essentially we are still up trending on the higher timeframes
-The past day put in a long wick to the downside confirming the rejection at 2.00000
My entry 2.01845
Trade closed: target reached
Target reached2.0600
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