Just a basic break and retest. Shorting because price reacted at a key psychological level.
Price broke structure to the downside and came back to a supply zone.
Price has broken structure to the downside and came back and reacted to a supply zone.
The price rejected from a resistance zone around 0.786 fib level which clearly shows that seller are likely to take over.
Based on my analysis I'm bullish on EURAUD. The entry trigger became active when price filled my level of interest.
I'm actively shorting GBPAUD. Targeting the low... Good luck guys
I'm going long once my buy stop order at 0.82177 gets filled. Sl: 0.81650, Tp: 0.83638
I'm looking for price to come to the pink rectangle and at the same time react to the trendline around 61.8 fib Level then I'm going long.
Looking for a possible long opportunity when price reacts to the trendline
