TaherJalili

Sideways pattern

FX:EURAUD   歐元/澳元
After making a pretty solid down trend, price has moved into a very sideways pattern and has not moved anywhere in the past two weeks.

It is very hard to make profitable trades when price is not making a sustained move either higher or lower. It is also very easy to be stopped out repeatedly.

This and other markets with similar price action may be best suited to being watched until the price action picks up again




Thanks for your likes and support

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