AUDUSD short position
Updated
How can we simplify the Technical Analysis?
1. Define the Supply & Demand Zone in the high time frame (like 8h or D).
2. Inside the Supply Zone, go to the lower timeframe like 2h, 1h, or 30m. Waiting for an up trendline is broken. Then define the smaller supply zone in this timeframe -> That's an opportunity sell zone.
3. Inside the Demand Zone, go to the lower timeframe like 2h, 1h, or 30m. Define where the downtrend line is broken, the define the smaller demand zone in this timeframe -> That's an opportunity target profit zone.
Finally, take a coffee, and let's see what happens.
1. Define the Supply & Demand Zone in the high time frame (like 8h or D).
2. Inside the Supply Zone, go to the lower timeframe like 2h, 1h, or 30m. Waiting for an up trendline is broken. Then define the smaller supply zone in this timeframe -> That's an opportunity sell zone.
3. Inside the Demand Zone, go to the lower timeframe like 2h, 1h, or 30m. Define where the downtrend line is broken, the define the smaller demand zone in this timeframe -> That's an opportunity target profit zone.
Finally, take a coffee, and let's see what happens.
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