AUDUSD Bear Trap : Going long on any pull backs
AUDUSD formed a bullish deep Gartley pattern but price just went through the PRZ as if it didn't exist, that was a warning sign not to take the trade.
Market Structures
Price went below market support, giving the bears confidence and then yesterday bounce right above it, the bulls are winning again.
RSI going overbought, I am hoping for some pull back
Trade execution
Wait for a retracement back to the support zone, retest of the Gartley PRZ around the 0.7520 levels
Market Structures
Price went below market support, giving the bears confidence and then yesterday bounce right above it, the bulls are winning again.
RSI going overbought, I am hoping for some pull back
Trade execution
Wait for a retracement back to the support zone, retest of the Gartley PRZ around the 0.7520 levels
