GBPAUD M15 setup with Currency Strength
GBPAUD 85 PIPS
- since some bars GBP currency strenth line was dropping
- Price action topped out with consolidation and bearish divergence and a small fake break out.
- Entry when AUD currency strenth line took up to build the double-GAP with GBP.
- Impulse confirmed GBP weakness.
TP at last low.
In the following CS crossed very strong, could have taken the double pips.
CHART GBPAUD m15