Hey folks,
In EURAUD we have the perfect example of how the market makers move the market in levels of 3 to play with every trader's psychology.
This indicates to us that the market might actually reverse here. Especially because we're at a D1 Trap Zone.
Currently we're waiting for a second leg to complete our market structure. Once formed, we're looking for entries to go LONG on this pair.
1) Keep in mind we're in Level 3 now, so we will see volatile moves.
2) The market might only move up to 1.5750 as this is a quarter point + the H4 is showing a strong downtrend.
Let's see what the market brings to us.
Don't forget, we're the constant & the market is the variable.
Happy trading!
In EURAUD we have the perfect example of how the market makers move the market in levels of 3 to play with every trader's psychology.
This indicates to us that the market might actually reverse here. Especially because we're at a D1 Trap Zone.
Currently we're waiting for a second leg to complete our market structure. Once formed, we're looking for entries to go LONG on this pair.
1) Keep in mind we're in Level 3 now, so we will see volatile moves.
2) The market might only move up to 1.5750 as this is a quarter point + the H4 is showing a strong downtrend.
Let's see what the market brings to us.
Don't forget, we're the constant & the market is the variable.
Happy trading!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.