LIquid zone,XAUUSD is increasing therefore AUDUSD decreasing(inversely proportional),sniper entry shown,sellers on the line taken out allowing higher high sells!
I waited for a couple of bearish candles to confirm my analysis hence why my entry is not at the sniper entry part.
All feedback is appreciated ;)
All the lines show a very strong resistance line from the diagonal lines to the horizontal lines,once we see a retest on the lower zone/a bearish candle once it hits the diagonal line we can confirm we are closer to the perfect sell position.As of now i'm just watching the market to see what plays out.
Any feedback is appreciated ;)
I'm new to analysing graphs,so any feedback on my analysis would be helpful.
I see liquidity happening,first hitting on 11th Dec 2020 then a reversal occuring,20th Dec 2021 hitting again leading to another reversal occurring,7th March breaking through the support (where there would be alot of buyers) to take out the buyers on the support line.(sniper entry would...