GBPAUD 1D, only if we re going to cover the prev. candle

Hi all guys AUD currency remain weak so we need to see an engulfin candle that cover almost all the previous candle otherwise this setup will be HIGH RISK or invalidated! Anyway from a technical perspective we can see how the price is respecting the descending TL and come out from the counter TL and making a double test on it, here some conflunces allign 0.618 fib level TL intersection and rejection from 38MA that indicate a possible new LH. Remember let s see how this candle will close!

Yorum:

If you already in that s good if not wait for retest of the same level entry post here just be patient!