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AUDUSD: Suspicious Supply 👁🗨
Australian Dollar / U.S. Dollar
Long
AUDUSD: Suspicious Supply 👁🗨
By AlkalineFX
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Updated
Jun 25, 2022
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Jun 20, 2022
Personally I believe the respect from this supply is suspicious.
I get the sense that this is a sell lure for a trap.
The reason for this is because of the basic smart money mitigation and the lack of interest from the key psychological number.
I get the impression that price will not hold this supply and for that reason I will be considering a buy position to pierce the zone.
If I don't see rejection or valid criteria to enter a buy, no trade will be taken.
I am happy to be wrong.
Jun 25, 2022
Note
I was wrong, happy to admit it unlike others on here.
AUDUSD
audusdlong
audusdshort
Chart Patterns
Technical Indicators
liquidity
signals
smartmoney
smartmoneyconcept
SMC
Supply Zone
Trend Analysis
AlkalineFX
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