Price took the contraction phase liquidity, and began its expansion. I’ll now wait until price can pull back into the expansion area for a long opportunity. Great R:R on these trades.
Hello TradingView community. What I see on AU is a big short opportunity, but maybe after a potential fakeout at this M neckline. Trading with the COT report, hedge funds and other large spec are unloading long positions in the AUD, while commercial is adding long. This is what we want to see for a potential short setup, as commercial treats this as a hedge, and...