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LeonardoModi
12 jan 2017 15:39

IT IS GOOD TO SELL ON STRONG RESISTANCE Kort

AUSTRALIAN DOLLAR / U.S. DOLLARICE

Beskrivning

AUDUSD is approaching a strong resistance, so I enter short at 0.75

Handel aktiv

Trade stängt manuellt

Trade closed at 0.745 because of dollar weakness.
+50 pips
Kommentarer
Trader_Dale
Based on Market Profile (volumes) and Price Action there is very strong swing support at 0.7246. There was about 2 week rotation where the big players accumulated their long trades and then moved the price agressively higher. You Can see this strong trading activity even on yearly volume profile!
If the price comes back to 0.7246 I think that the agressive buyers will come again and push the price higher once more.
Here is my analysis:
LeonardoModi
@Trader_Dale, Thanks for you comment! It can be possible!
Mer