GBPAUD Long - The Sterling is Bullish

By Koyejo
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.
Chart PatternsconfluencetradingfakebreakoutGood Risk/RewardhigherhighhighprobabilitysetupmultitimeframeanalysistechincalanalysisTrend Analysis
Koyejo

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