saracingeo

EURAUD - looking for sells

OANDA:EURAUD   Euro / Dolar Australia
W and D - uptrend /counter main trend trade.
After a D BOS we expect a D pullback- currently in a pullback .

We have a H4 COC (change of character), I expect the price to reach the D OB or H4 OB before putting a new low . (we also have tons of liquidity in our left)

Educational: bearish order block (OB)- is the last up candle that forms the highest high before the down move (on the TF we take the trade).

Currently H1 demand is in control (green area)- I expect the price to reach the red zone, where I will look for a sell position depending the printed structure of the price.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.