GBP/AUD 30M - As you can see price has played out just as we wanted it to, trading us up and into the Supply Zone I provided above before trading us lower giving us the opportunity to take part in shorts based on the penetration.
Unfortunately this took place at 5am this morning so most UK traders may have missed this opportunity, I set a pending order in and around this zone so managed to take advantage of this swing, if you didn't though this would have been missed.
Not to worry though, as you can see I have gone ahead and marked out another area of supply I feel price may come to trade back up and into before delivering us with another bearish leg so if you are wanting to get involved in this market I would look to set a pending order or an alert.
This way you are less likely to miss out the on the opportunity should it be out of usual trading hours. I will also post a re-entry should price come to trade up and into that area in price for us.
Unfortunately this took place at 5am this morning so most UK traders may have missed this opportunity, I set a pending order in and around this zone so managed to take advantage of this swing, if you didn't though this would have been missed.
Not to worry though, as you can see I have gone ahead and marked out another area of supply I feel price may come to trade back up and into before delivering us with another bearish leg so if you are wanting to get involved in this market I would look to set a pending order or an alert.
This way you are less likely to miss out the on the opportunity should it be out of usual trading hours. I will also post a re-entry should price come to trade up and into that area in price for us.
