Looking to Buy Euraud. Market Maker Cycle. Peak Formation Low was formed last Wednesday 5/10. On Thursday price failed to get lower forming the second shoulder of an inverted Head n Shoulders Pattern. The market then pushed up which was level 1. Friday price consolidated which was level 1 consolidation. Now I'm looking for traps to be set below the 800 EMA on the 15 min and 1 HR timeframe. After that looking for buy signals for a level 2 push breaking fridays structure.