Level 1 - Strong Bullish move from the Market Makers after a 'W' reversal on the Daily Low (Support)
Level 2 - Frequent Market consolidation and then a weaker bullish move by emotional traders without Market Maker support
Level 3 - Less Consolidation and potential 'M' or Double Top formation. First peak has reached Weekly/Daily High (resistance)
Note: High impact news on AUD on 13/03/18 so according to these levels, I expect a strong bullish move to reach the 2nd peak during the week before the M reversal
Entry Price, TP and SL have been given.
Level 2 - Frequent Market consolidation and then a weaker bullish move by emotional traders without Market Maker support
Level 3 - Less Consolidation and potential 'M' or Double Top formation. First peak has reached Weekly/Daily High (resistance)
Note: High impact news on AUD on 13/03/18 so according to these levels, I expect a strong bullish move to reach the 2nd peak during the week before the M reversal
Entry Price, TP and SL have been given.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.