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GBPUAD EMA Gap Trade

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FX:GBPAUD   Libra Esterlina/Dólar Australiano
4H TF 50EMA to 200EMA Gap Trade.

We have a break and close of the 200EMA on the 1H. Waiting for a retest of this EMA and also the Resistance.

Continuation to the downside will signal a Short to close the gap between the 50EMA and 200EMA on the 4H.

Sniper is on site on the 4H. But we will have to wait for the Sniper to come back on site on the 1H after the retest before we can enter the trade.

Disclaimer: I am still testing my strategies. Not all trades Ideas I post will result in live trades. They might be tested on demos accounts.

Please share your Ideas with me and I am always open to positive criticism.

Remember to use risk according to your appetite.

Thanks for Checking out this Idea.

(All mentions of BCR and SNIPER are credited to Max Norbury of Forex Signals. Check out their awesome site: www.forexsignals.com/?reff=10528...)
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