This pair after the break of the descending channel is trading below a daily resistance. The market after a series of lower low and lower high create a higher low. How can i approach this scenario? I will wait for a potential break of the resistance area and in that case i will look for a nice long order according to the Plancton's strategy rules. ––––– Follow...
Here on FX:EURAUD is a very nice shorting opportunity. The price is entering the reversal zone which is a strong structure zone, look left for more confluence. We might see a double top and then fall down, or straight fall down. I prefer to wait the double top for more confluence, and then go short all the way down to the next structure levels: Target 1 and...