J_layseca

GBPAUD Double W Long set up

Long
FX:GBPAUD   British Pound / Australian Dollar
Right now on the lower TF we have emas crosing over
We already tested the higher TF trend
Failed to make lower lows
2nd leg also failing to make lower lows
price at support

On this set up we are making a bigger W with the final leg of this one also a W, matches my criteria, failed to make lower lows, emas crosing over and we are at an important price zone

I think a good TP would be the next monthly level

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.