AUDUSD is the scene of critical battle of Bulls and Bears! Long-term trend is bullish, Mid term is bearish. Recent moves were surprisingly strong for bulls but they are getting weaker.
Bulls breaks the strong Ma100 but MA200 is on the way!
Considering all factors, I generally think that price may fluctuate a little while between zones! Short from red zone and long from the green one.
Supplyanddemmand
Long EURGBP around the levelThere is a supply level around the entry setup.
Trend is super bullish and this might be just a correction
Another touch to the level might be a great chance to a good profit!
never forget that trading is the game probabilities
ATTENTION:
According to the the long-term back-tests (from 15 to 20 years) on different instruments, the W% of this setup is only around 25% to 30%! So the only way you can make money continuously out of this setup is risk and money management! the proper risk management for this setup is risking around 0.5% of your total trading capital as SL amount.
EURAUD Expectations for next week. we we currently in a discount price on eurauzie, we have a nice imbalance on the daily TF which I'm expecting price to trade Into, we also have a nice supply zone on Daily TF sitting right next to the imbalance.
we've created equal highs liquidity ( EQH$$ ), and I'm expecting price to sweep that out whit a bullish move this week.
happy Sunday guys🔥
STEFAN-FX
$RBLX going as plannedRBLX likes to play dirty tricks, but everything goes as planned. Nice retest, held the trendline, still moving in the battle zone rectangle. If we don't have retest on the general market, this could finally make its way to 200SMA and another supply zone around $60. I will set my stop loss below $45.