Gbpaud lower time frame setup for a buy

28 במרץ

I love smc and I see we have a large breakout to the upside for an expansion move..knowing a retracement phase was up next and I like to get a deep discount around 75% on the fibb which i did get.. so went to the 5 min and look for bearish engulfing pattern to be broken and have price close above it for the entry