EURAUD, Wyckoff Distribution Idea

21 בדצמ׳ 2021

EURAUD seems like it´s in a Teepee wyckoff distribution pattern, where there is speculation on the way up and urgent selling on the way down. An analog chart is the GBPCHF daily chart. If you are thinking of shorting this pair, as I am, POE should be placed at the resistance level of the TR.