There is a very similar situation on AudUsd like on AudCad ... Check it out ..
The target is a weekly OB - there is also some imbalance before the target on a weekly chart.
It's interesting how close are:
- 50% of daily OB
- 61.8% fib retrace
- the max volume line of the fixed volume profile
As usual, find your edge and confirmation before entering a trade.
The target is a weekly OB - there is also some imbalance before the target on a weekly chart.
It's interesting how close are:
- 50% of daily OB
- 61.8% fib retrace
- the max volume line of the fixed volume profile
As usual, find your edge and confirmation before entering a trade.
