On this chart we see quite impressive market structure. Overall I am looking to short this currency pair but at the moment we need more liquidity in order to go short. Where is this liquidity? Its above the previous highs look to the left at 1.1544 area. So I am currently long, expecting price to take out the high ( my take profit). I have access to market makers and big players positions for those interested. Enjoy your trading and remember to use proper risk management. Forex is a risky business
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Trading CFDs involves risk of loss. Trade responsibly and consider your risk tolerance. View and opinion stated here are purely for educational purposes and not to be used as financial advice. #gwg