Price rejects the order block area (OB) and close below this indicates a reversal. Initiate short positions partially from market price till the OB zone.
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
$EURAUD - Where to next? With this specific pair - patience is required. A break out above the range matching the double bottom pattern. However, a break below the pattern will no longer be valid. Enjoy TJ
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions