Looking for liquidation on the current level of consolidation then I am looking for the move to the downside once retail trades are liquidated on the level of the sell zone which is where most traders will have stop losses for orders for shorts. A minor pullback into the sell zone will be my confirmation for the sell to the downside for a trend continuation. We also have a descending triangle appearing on the 1-hour chart adding to the bias of a big move to the downside coming soon for EUR
Commentaire:
EUR/AUD*