GBPAUD after FED… according to the PA+MACD strategy – looks like an imminent correction. The mentioned strategy is based on three simple questions, which you can find in the attached picture:
We need a breakout from this bearish engulfing pattern to match all the three assumptions of the strategy. And we can go short on this slightly overextended pair.
Consider that the next two days are the last days of the trading month. Strange things may happen, intensification of profit booking…. i.e. reversal course….
Tomorrow ( 29.07) I will have 2 live trading sessions – 14:00 GMT+1 in advanced room and 15:00 GMT+1 in basic room. During the second session I will provide some theory and explain the GBPAUD idea. Keep tuned in – I will inform you 30 min before the session begins here: https://t.me/TradewithDargo
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