GBPAUD (Long)

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Possible Long Call

Dow theory in place - Higher high and higher low in place
Bear Trend intact on 4HR timeframe
Bullish Engulfing - Candle Stick formation at the bottom
Reversal from strong resistance levels

SL & TP levels are mentioned

**Its not clear reversal so i might have avoided this transaction if i would have been trading on my personal account.
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Trend Analysis

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