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J_layseca
Apr 16, 2019 10:22 AM

W formation GBPAUD Long

British Pound/Australian DollarFXCM

Description

W formation
emas crossed
monthly rejected
trendline broken

With all those confluences i would say that the price is going to continue reversing to the purple area, witch seems to have accumulated orders if we look left been experimenting with wicks regions and seems to have worked out great.
Comments
lagunasansa
you were right, but the entering position was not good. It seems that the MM want you to think that it will respect the third hit on every trend lina to induce sells, but they actually want a better buying proce and remove every retail stop from the game
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