Australian Dollar / U.S. DollarEducation
M.O.P Bearish conditions AUD/USD
Here is a clear example of price
moving to an area of premium
before moving lower and breaking
the pervious day's low's.
M.O.P = Midnight's Opening Price
The midnight opening price reprices
the forex algorithms discounted and
premium level.
Since my analysis on AU was bearish
I was anticipating a move below M.O.P
before entering the market.
Looking to sell at a higher level rather
then a lower level.
Was able to see that price action
on the 6th and 7th!
Hope you learned and get to
study this price action.
Study, Share, Like💯
moving to an area of premium
before moving lower and breaking
the pervious day's low's.
M.O.P = Midnight's Opening Price
The midnight opening price reprices
the forex algorithms discounted and
premium level.
Since my analysis on AU was bearish
I was anticipating a move below M.O.P
before entering the market.
Looking to sell at a higher level rather
then a lower level.
Was able to see that price action
on the 6th and 7th!
Hope you learned and get to
study this price action.
Study, Share, Like💯
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