After a week long bull move the AUDUSD has formed a good looking engulfing candle on the weekly for a long trade.
The bullish engulfing coincides with the uptrend after a a significant retracement, presenting a high probability 2.4 RR ratio setup.
The bullish engulfing coincides with the uptrend after a a significant retracement, presenting a high probability 2.4 RR ratio setup.