FX:GBPAUD   British Pound / Australian Dollar
This is a simple break and retest trade.

- We have a 4hr candle close above the resistance zone .
- Wait for a pullback and a retest of this zone.
- Wait for a rejection on the 1 hour or 30 min chart.
- Wait for price confirmation either an engulfing bar or pinbar .
- Buy

Let me know your thoughts on this one!

Thanks

Comments

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