AUDJPY - ((WEEKLY SUPPLY IMBALANCE))
Hello traders,
Market looks to be consolidating on the monthly and weekly chart, though, a potential downtrend may occur if price respects the weekly supply zone.
Confirmation has been made where supply zone shows there are willing sellers, my setup is shorting the pullback.
Market looks to be consolidating on the monthly and weekly chart, though, a potential downtrend may occur if price respects the weekly supply zone.
Confirmation has been made where supply zone shows there are willing sellers, my setup is shorting the pullback.
Transaction en cours:
Sell order triggered. I'm in this trade
Commentaire:
Oh just to add, I just noticed a shoulder head shoulder formation from which I went short.
Transaction en cours:
Target 1 reached. Closed half of my position and letting half of it run through jntuk the next monthly zone.