AUDUSD in midst of 60 min / 15 min Supply zone

4 Nis 2018

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

5 Nis 2018

Not

Obviously the 150 pip is not correct.