consolidating within the price range of 500 and show no momentum of going up, incoming news later(CAD), Target 50 pips short to retest liquidity area and retest area of support.
Concept of entry : break and have to retest
Risk : 2%
Seeing the pair make rejection within the area of 144.500. 3 shadow h1 candle showing psychological rejection of the pair for a quick intraday buy to tap into 145.00 to retest area of break to create a newer higher low. Seeing high possibility of a huge sell off at the region of 145.000 ranging to 200 pips to 143.000
has come to my conclusion that the pair Ga has spiked to the liquidity area of 1.84 region. The pair GA has made new high for the week and has to make a retracement to the region of 1.83 region, my probability is that the price would further break the region and continue down south. If the price stuggles to break 1.83 region hence lock your profits of take it all...