EUR/AUD - Classic short trade.
At the bigger picture it's seems like the price is building H&S short pattern with bearish momentom. At the small TF we could see that the price reached the daily support and then the mm's pumped the price above 1.62000 two times with high volume on top. Once the price couldn't break above it and entered into a bear momemtom I saw it as an opportunity to enter short TVT style.
All thanks to the legends: Master TAH, Sonic, Denmas, Fisher, Mauro-J, RolesMajor, Cigarguy, leentjai, marijan! and ofcourse all the other participants I learned everything from you!
At the bigger picture it's seems like the price is building H&S short pattern with bearish momentom. At the small TF we could see that the price reached the daily support and then the mm's pumped the price above 1.62000 two times with high volume on top. Once the price couldn't break above it and entered into a bear momemtom I saw it as an opportunity to enter short TVT style.
All thanks to the legends: Master TAH, Sonic, Denmas, Fisher, Mauro-J, RolesMajor, Cigarguy, leentjai, marijan! and ofcourse all the other participants I learned everything from you!