after inverted head and shoulder we are having a clear rejection on an area where a strong contraction took place preciously, we might get to the gold line and bounce back, if we are able to break that gold line, we might see it hit our YESSIR, since that's a weaker demand area
clear on the 1h, 30min and lower, if u find any other please let me know as I am just still learning, we still having a rejection, COVID is making market entries so blurry
we have seen contraction and expansion take place, a new ideology that I currently am applying to my charts, we will see another one of these after this long expansion/breakout? Will you go short, or long? I will leave AUDUSD to do its nothing and wait for another contraction, remember, only place orders that play within your strategy, be smart money, not dumb money.
Here i have put 2 trend lines, a major one and a one consisting of 2 wicks that correlate, whats ur opinion? Im short in this btw
market symmetry/ structure
We could see a rejection of trend with target on marked area