AUDUSD weekly - Bullish engulfing
After a week long bull move the AUDUSD 0.22% has formed a good looking engulfing candle for a long trade on the weekly chart.
The bullish engulfing coincides with the uptrend after a retracement.
Trade presents a positive 2.4 RR ratio with a high probability setup.
The bullish engulfing coincides with the uptrend after a retracement.
Trade presents a positive 2.4 RR ratio with a high probability setup.
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