GBPAUD - LONG POSITION (8HR)
CONFLUENCES:
- Rejection of 50 EMA
- Rejection of 78% Fib levels
- Break out and retest of the larger pattern
- Spinning top formation signifying a reversal
- Bullish market trend confirmed by EMA crossover
- Rejection of 50 EMA
- Rejection of 78% Fib levels
- Break out and retest of the larger pattern
- Spinning top formation signifying a reversal
- Bullish market trend confirmed by EMA crossover
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