Post NFP, I see the sellers still dominant in the H4 timeframe.
We could see a pattern playing out where I will look to short around the PRZ level of 0.7960.
I hope to see some form of extreme exhaustion move before this PRZ level before executing my short.
Any longs on Monday open is pretty good in terms of risk to reward, but I will choose to long EURUSD instead of this.
SL: 0.8010 (50)
TP: 0.7630 (330)
This is a potential C-D leg move on the Aussie.
This breakout is with increasing vol.
If the candle closes strong, I will enter long targeting 0.7960.
closing at 5 pips loss first.
Shifting my attention to this shark pattern that could happen after FOMC tonight.