AUDUSD in midst of 60 min / 15 min Supply zone
This looks like a bull trap after a retail breakout (0.77151) resistance.
The trap is a clutch of sell orders ready to go in the 0.77219 - 0.77256 range.
Sell in this range, 20 -25 pip stop.
1x and 2x targets are in range.
Good luck
Tim
The trap is a clutch of sell orders ready to go in the 0.77219 - 0.77256 range.
Sell in this range, 20 -25 pip stop.
1x and 2x targets are in range.
Good luck
Tim
Comment:
Obviously the 150 pip is not correct.