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Koyejo

GBPAUD Long - The Sterling is Bullish

Long
British Pound / Australian Dollar (FOREXCOM:GBPAUD)  
Koyejo  
FOREXCOM:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns techincalanalysis multitimeframeanalysis confluencetrading higherhigh highprobabilitysetup Good Risk/Reward fakebreakout
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trendanalysis chartpattern techincalanalysis multitimeframeanalysis confluencetrading higherhigh highprobabilitysetup goodriskreward fakebreakout
After a fake breakout of the 4hr trend line (manipulation?), I expect this pair to re-test line before continuing higher.
I would take this trade, via a buy limit order which would be placed in a confluence area with a 4hr trend line, market structure support and 50% fib level.

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Koyejo
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