Points of Liquidity to be noted on EURAUD to the downside, expecting more downside on EUR - more likely to react off the higher liquidity zone but the lower would catch more people out, looking for confirmation and confluence. The .88 comes into line with the higher liquidity zone hence why i think we're more likely to get there
ready for both and confirmation is as follows,
break of 15m and a return to liquidity - i am stopping limit orders on trades like this i am only showing the trades like so on the screen for an idea of what the possibility is from these set-ups
ready for both and confirmation is as follows,
break of 15m and a return to liquidity - i am stopping limit orders on trades like this i am only showing the trades like so on the screen for an idea of what the possibility is from these set-ups