AUDUSD - Long potential on Bullish engulfing candle

2019年8月12日

Daily rejection candle which followed by a bullish engulfing candle sign a move higher potential on this pair. This bias also supported by rejection candle that formed on the weekly timeframe .

Entry: Current price (Agressive) / Wait for a confirmation on a lower timeframe (Conservative)
Stop: Below the bullish engulfing candle
Target: First blue line

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