After being rejected from a key level and key trendline on the Higher timeframe, price broke a key level of support and continued to drop.
My expectation is for price to come back to the key level for a retest, show a suitable pattern for entry on the M30 and sell right back down.
I'll keep updating this trading idea, so, follow me to know when I do.
Let's get...
After being in a range for a while, AU rejected the top of the range and broke a previous low.
My expectation is for price to pull back to the zone of the previous low for a retest which is also a psychological level, respect the trendline and push back down.
I will be posting my updates on this trade setup.
Follow me so you can see them.
Let's get that bag!!
