Reading the Right Side of the Chart : Accumulation in AUDUSD
I am still stuck in this trade (read it here :
Yesterday and just today's Sydney session, I saw stop a hunt towards at .68850 - .68750. You could just see the long wick candles. These two "tests" towards that price level creates two equal-ish highs hence I will determine just above it as a valid liquidity pool. My stoploss is in that as well.
There is equal-ish lows at 0.68500, so I determined underneath is as a liquidity pool as well.
I have marked Tue-Wed high and low (adjusted to the nearest 00s and 50s) so I will see where price would tap into and then I will react accordingly. Monday High have held the bullish intentions so far. It would be cool if price breaks the Tue-Wed high and even close above the Monthly high (yes it will stop me out, that besides the point
Yesterday and just today's Sydney session, I saw stop a hunt towards at .68850 - .68750. You could just see the long wick candles. These two "tests" towards that price level creates two equal-ish highs hence I will determine just above it as a valid liquidity pool. My stoploss is in that as well.
There is equal-ish lows at 0.68500, so I determined underneath is as a liquidity pool as well.
I have marked Tue-Wed high and low (adjusted to the nearest 00s and 50s) so I will see where price would tap into and then I will react accordingly. Monday High have held the bullish intentions so far. It would be cool if price breaks the Tue-Wed high and even close above the Monthly high (yes it will stop me out, that besides the point
