In EUR/AUD pair there is this major resistance/support zone on weekly and daily chart. Price has break the ''ice zone'' on daily and is closed above the structure. If we get a retest on 1h - 4h chart between fib 38.2-50.0 levels, there would be equal move then to orginal trend on the zone's top.
Good evening traders,
Here we have a short setup on the USDJPY.
We've spotted a breakout to the downside and capitalised on the break on the lower timeframes.
Details about entry and exit levels are in the video.
Hope this idea will inspire some of you !
If you want to see my chart more closely, click the share button below that video.. You will be able to have access to the chart used in that video.
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Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum.
You can check my...