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kostatev
18 de Fev de 2017 21:23

Applying simple laws of supply & demand with support/resistance Viés de baixa

Australian Dollar/U.S. DollarFXCM

Descrição

After AUD/USD price broke out of its 13 day range/consolidation phase resistance level, the price reached a MAJOR SUPPLY ZONE. AUD/USD price neared a resistance level that hasn't been broken for 1 year. This indicates a level of MAJOR SUPPLY and at a price level were there is VERY LITTLE DEMAND. For this reason, I shorted the AUD/USD.
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