Using the triple trap strategy, these are possible setups of this pair. As EU didn't retest the zone from previous setup resulting in fakeout, and broke the zone and channel, now waiting for retest and rejection from fib golden zone before falling down.
the triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to channel. In this way we can predict the next movement of the price by seeing the price respecting either one of the traps( a channel, SNR and a possible trendline).
the triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to channel. In this way we can predict the next movement of the price by seeing the price respecting either one of the traps( a channel, SNR and a possible trendline).
