DislikedDadas, I cant see any signs of pending down breakout there. In hindsight its easy to tell that it would work but in all honesty price had to break demand area before one could say shorts are on the play. {image}Ignored
I was targeting the M30 Potentials based on full analysis.
If I had beedn looking at this pair, I would have taken the second Short.
AUDUSD MN:
The MN chart suggests a Break Up from PTECZ, but not closed.
AUDUSD W1:
Show a general Downwards inclination.
AUDUSD D1:
Having my PTECZs, I see the Price bounce off the top.
AUDUSD H4:
I am Day Trading.
The setup is for Shorts.
AUDUSD H1:
This only confirms my Short.
AUDUSD M30:
I optimise PTECZS.
AUDUSD M5:
I trade.
Trade the facts, not opinions.