Roberto_C

GBP/AUD -DOUBLE LOW HIGH HIGHER

Long
FX:GBPAUD   British Pound / Australian Dollar
0
Good day,
we had a double low high higher last week on Gbp/Aud ( pattern still valid the next day with a little pin bar that doesn't brake the minimum of DLHH).
I'll trade BUY on the max of the double Low High Higher ( 1.6085), with Stop Loss under the minimum at 1.5870.Take Profit at 1.6730 with a RR about 3. It's a trade idea risky cause we are against the main trend that is short.
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.