Hi all Good Morning,
So just my routine, to study what actually happen last week before forecast next week market.
Here is my AUDUSD, which last week i got forecast the news section on lower tf. But my bad i did not see at the higher TF.
As we can see here in this chart we got supply at daily candle stick i zoom down to the H4 and H1 which i got my self TRAP in Fakeout ZONE!
So I draw a complete setup for last week and its already trigger PLUS The price action shows already pickup the QM part. Which i believe the price will go down atleast until starting compression level.
I also give schematic for this fav setup.
QML
Fakeout
CP
I hope this can give somthing for all who read this.
Thank you.
Yato. (Backtest)