BEAUTIFUL AUD/USD trade. Looking at the 4Hr you can see price had great upside momentum. One price hit my Resistance or some like to call it supply zone you can see price price gave me a Doji on on my zone. I did have a SellStop below the last low, but you can see on the 1Hr price did create a bearish engulfing as well as what looks like to me a evening star indicating price couldn't break this resistance zone and wanted to go back down, i did in fact take this to my next zone but i did close out on this trade couple pips before TP was hit
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.