same as my daily analisis, targeting 280 pips (neckline zone)
you can also enter at the break of the distribution zone ( box marked at top) or simply place a sell stop order after the retest of the breakout.
1:4 Risk/Reward setup
please use a moderate lot size according to your trading account
this one printed a rejection on 0.70000 institutional level, so we can expect aussie price to reach 0.63000 zone in the upcoming weeks.
this one is a good opportunity, we can see another clear rejection on the 78% percent fib level of previous HL
for now our target will be 0.88000 zone.
trade with care, use moderate lot size according to your account size
you can also enter at the break and test of the sideway distribution phase (green box) for conservative entries.
pair analisis based on price action
clear rejection on 0.70000 institutional level, with a break of trendline.
i expect price to reach 0.62000 in the following week.
please use a moderate lot size according to your account.