Hello all - On my watchlist for this week I have added AUDNZD. (A) I am waiting for price to test this obvious supply zone one more time and patiently wait for the market makers to do their little stop hunt before making a move to the downside. (B) I will also enter a short based on if price closes below the wedge formation on the 4HR timeframe. If you like...
Hello all - GJ is on the top of my watchlist for next week with an incoming crash back down to a strong recent demand zone. My expectation is we at-least get a bounce back up with more resting orders there. Tight stop-loss even if the market makers want to do a quick stop-hunt before making a move up. I'd rather take the small risk :) If you like what you see...
Extra confluence if traders want to enter EG for a short position. Continuous weakness and bearish divergence as seen on the RSI. If you would like to follow my daily FREE analysis feel free to subscribe to my telegram channel :) @takenotesfx