GBP/AUD SHORT TERM LONG TRADE IDEA – 15 minute chart

British Pound/Australian Dollar FX:GBPAUD
jslfx22



I’m looking for a pullback since there was a big impulse move to the upside, my white (8) ema is positioned well above the green (21) ema and macd is well into positive territory.

looking for pullback to the 21 ema and possible a little lower to the top of the previous resistance zone to test as support floor. if this test positive and see rejection then the macd (which is currently going down) should curl up and it will be time to enter a buy as long as the 8 doesn’t cross back under the 21 ema .

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