Hello again,
I hope this message finds you well. I have a few questions regarding the current trade, and I appreciate your insights. Specifically, I’d like to discuss the AUDUSD MTS target trade. Should we pay significant attention to the squeeze line, especially since the red line is slightly above the middle line? Additionally, the red line is currently above the green line, indicating, if I’m not mistaken, a higher presence of short positions in the market than long positions. Does this imply that the price is likely to follow an upward trend?
Could you kindly elaborate on what aspects to consider when observing the squeeze line in an IR MTS target trade? Is it primarily traded when there’s a bias (red line above green line), or can it also be executed in the absence of bias? Furthermore, I’d appreciate an explanation of the significance of the green and red arrows on the M30 chart, as well as the blue arrows on the H4 chart. How do they function, what triggers their appearance, and if they are tradable, what specific confluences need to be met for a trade to be executed?
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