I've been watching this pair for a while and noticed how long the distribution phase took to (almost) complete. I say almost because we are in a confirmation phase right now and I'll personally shorted from there with my targets all the way to 83.2/83.0.
Hi Traders, Please see our break down of the Aussie Dollar Index which has provided some good opportunities in the market. I wouldn't sit and lie and say I identified all of these at the time but it is key to go back and train yourself to spot these individual events taking place in the future. We have price currently testing a major support area where we...
This trade is based of distribution at a 3D POI with major liquidity targets to the downside with inefficiency that needs to be rebalanced. Entry was based of lower timeframe PA. Targets 1760 - 1755