GBPAUD LONG??

PROS
- Low test candle formation.
- Rejection of both horizontal support and a downward sloping trendline.
- Price sat between 0.5 & 0.618 Fib retracement.
- Bullish MACD Divergence
- Oversold on Stoch RSI

CONS
- Trading against the trend.
- Trading towards key EMA's.

Thoughts on this position?