EURAUD Trading Analysis Setup ( Consolidation )

10 set

Looking at where the market is, i can see that the market is in a consolidation since April 26th 2023 up till now that is about 1 year 5 months, and on the month of August 5th 2024 the market brakes out of the consolidation resistance band aera but before that same month ended the Bears push price back inside the consolidation again, that's means the consolidation is still in play. And the market sold for the all of August, and bought in the first week of September, so i will be looking for an opportunity to go short once the MKT give the signal