Even though market looks like buyers into the market, I suppose actual
AUDUSD
market situation is selling. Because after long up trend the market went down for the last week and it broke through major support line and market went to the sellers area. now it's completely control by sellers. even buyers come to the market at this situation, I suppose those are fakers to trap. just take a look at the below picture to get some idea.
Trading with price action. The best way to trade
AUDUSD
market situation is selling. Because after long up trend the market went down for the last week and it broke through major support line and market went to the sellers area. now it's completely control by sellers. even buyers come to the market at this situation, I suppose those are fakers to trap. just take a look at the below picture to get some idea. Trading with price action. The best way to trade