Upcoming Long on EURAUD

Atualizado
EURAUD
Data
  • More than 70% open position on Short
  • Volatility is somewhat strong at 4.278% (Above 5% is great)
  • Buy Stop at 1.609
  • Sell Stop at 1.599

Prediction:
  • Market will reverse to hunt that Buy Stop order at 1.609
  • Market may keep rising to hunt another one at 1.61
  • At this point, there is no immediate resistance (sell orders) so price may keep shooting up
  • When price goes down, it will keep decline to hunt Sell Stop at 1.599
  • OR price may go down to hunt Sell Stop first and then Buy Stop
Nota
Update
- It seems like they went to hunt the Sell Stop (1.599) first
- Now they will hunt for the Buy Stop at 1.609

Side Note:
Need to figure out the systems or indicators that point direction in this kind of situation
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