Ladies and gents,
As we can see here the market pushed down quite strong. So this was a risky trade to take, due to the huge amount of selling power.
BUT, we got as confluence:
-Bat pattern
- 1h Structure
-daily structure
-long term fib
-oversold RSI
-200% extension
-short term fib
Making this a possible area of interest.
-Enjoy!
As we can see here the market pushed down quite strong. So this was a risky trade to take, due to the huge amount of selling power.
BUT, we got as confluence:
-Bat pattern
- 1h Structure
-daily structure
-long term fib
-oversold RSI
-200% extension
-short term fib
Making this a possible area of interest.
-Enjoy!
Comment:
Also, check out my previous analysis I did on AUDJPY. I also took this pair short ( the other day ), and now trying to ride this thing back up!