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trendylj
Dec 22, 2020 9:11 AM

EA ANALYSIS BASED OFF OF WYCKOFF SCHEMATICS Long

Euro Fx/Australian DollarFXCM

Description

Based on the exhausted down trend and briefly falling below then coming back above a previous significant low, I expect price to continue to rally to the upside, creating new structure and filling demand zones recently left untested. Potential take profits marked in yellow dashed lines and long-term take profit indicated by purple box. Abbreviations across the chart are in reference to the Wyckoff Method, research at your leisure to understand further.
Comments
InkyGrip
Great Setup, thanks for sharing 🦐💎
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