USDJPY Snipe zones : trapped sellers below July 2020 lowA large volume of sellers are trapped at July 2020 lows - who will have a strong desire to exit when price comes back to them - giving us a long entry.
Beatthemarketmaker
EURJPY Snipe zone : trapped sellers in an uptrendTrapped sellers (from 30m) inside a larger 4h zone - will have an urge to exit when price comes back to them - resulting in a long entry!
EurUsd becomes the egg that could not stay on the wallour EU has exhausted itself by performing its 3 swipes to the upside and reached its pivot point at 1174 it bounced back down to 1094 and created a new high which was made by the manipulaters to trick retail traders into thinking a breakout has occurred and that an uptrend will soon begin but the market was just forming the second leg to our double top (M) and using that second leg to take out the stop losses of our everyday retail traders who have placed their sl at the first leg of the M. now we will cover our first swipe down. OANDA:EURUSD
AUD/USD Upper Bound Ceiling Holding Following up from the previous posts about the structure of AU, the upper bound ceiling mentioned in the previous post has held true to its form as a price zone of resistance.
