GBP/AUD M15 10 September 2014 +79 pips

11 September 2014, 20:45
Leonardo Barata
0
120

1. In a down trend channel (red trendlines above and below the prices), the background is weak on the current timeframe and neutral on the upper one (could also be weak). Moreover there are weak bars in the recent history.

2. Go short on a up bar with low volume in the upper part of the trend channel.

3. Exit when a strong bar appears. +79 pips.

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