AUDUSD - Weekly buy engulfing open.

83
This pair is pulling back super deep so be aware. If you want to get long on the previous engulfing I'd advise you use a Buy Stop, as there's still plenty room to get the 2:1 below the swing high. Either way, this is a valid buy setup and I'm in to the death.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.