path_of_least_resistance

Trillionschifer Trillionschifer AUDNZD, W, 2 months ago
AUDNZD: AUDNZD
27 0 3
AUDNZD, W
AUDNZD

3 OPTIONS.....

simontien simontien USDJPY, D, Short , a year ago
USDJPY: Path of least resistance in USDJPY
100 1 1
USDJPY, D Short
Path of least resistance in USDJPY

Given the huge amount of "open space" in between the most recent broken structure and the next support level, if the price doesn't fall straight to final target zone I' m going to wait for a retracement into one of the 2 hot price levels defined by significant structures broken to the downside. The two scenarios are depicted by dash lines. I've set alerts on both ...

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