Price on the daily is trading trading and respecting bearish trendline and is also coming from a monthly level @ 0.71089 which caused the push to the upside which is still ongoing as price is creating higher highs and lows.
I am looking to short the aussie dollar at the top of liquidity pool @ price 0.72943 where i will also be looking for extra confirmation for price to give third touch at the bearish trendline adding bearish momentum to price with stops just above 4hr supply peak @ 0.73175 and targets at the monthly level giving a risk, reward of 1:7.9.
Patience is not simply the ability to wait – it's how we behave while we're waiting.” – Joyce Meyer
I am looking to short the aussie dollar at the top of liquidity pool @ price 0.72943 where i will also be looking for extra confirmation for price to give third touch at the bearish trendline adding bearish momentum to price with stops just above 4hr supply peak @ 0.73175 and targets at the monthly level giving a risk, reward of 1:7.9.
Patience is not simply the ability to wait – it's how we behave while we're waiting.” – Joyce Meyer