AUDUSD, no shorts are allowed
Although the Weekly, Monthly, 3M are on a Downtrend, and the price still below the EMA20, however; the price on the daily had eliminated 3 Strong Supply Zones without any respect.
Supply zone (0.65467 - 0.64877)
Supply zone (0.64514 - 0.63834)
Supply zone (0.65765 - 0.65035)
No shorts are allowed until having a solid confirmation
In contrary, expecting the price to eliminate the Weekly supply zone (0.66900 - 0.65000), and to rally higher and may reach the Monthly Supply Zone (0.67652 - 0.70580) where possible shorts but in-confirmation
Supply zone (0.65467 - 0.64877)
Supply zone (0.64514 - 0.63834)
Supply zone (0.65765 - 0.65035)
No shorts are allowed until having a solid confirmation
In contrary, expecting the price to eliminate the Weekly supply zone (0.66900 - 0.65000), and to rally higher and may reach the Monthly Supply Zone (0.67652 - 0.70580) where possible shorts but in-confirmation
All the Best
M.K
M.K
All the Best
M.K
M.K
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