Hello traders!
As the new trading week approaches soon, I wish you all a very pipful, and successful trading week ahead. Please follow trading plans, rules, manage risks and remain consistent.
Outlook on AUDJPY for this week: the structural integrity of the asset's price action shows a failure to commit on the buyers. thus, I am expecting a sell-side imbalance...
Hello traders!
EUR/USD: From a Technical perspective, the structural identity on a macro level is in an accumulation phase (see future posts on EUR/USD). However, on a micro level, the structural identity has turned bearish after breaking recent short term higher lows.
From the imbalance zone marked out on the chart, I am expecting price to retrace into the...