AUDUSD - Short Trade Idea

27 בנוב׳ 2024

This is a short idea on AUDUSD.

I'm anticipating lower prices towards a higher timeframe ascending trendline, after price took out buyside liquidity from a descending trendline and then displacing lower.

The trendline in the image is one isolated to around these timeframes, and not the HTF narrative. Besides that, I'm basing it off a Daily iFVG and Daily -OB. First target is the most recent low that price made.

Stoploss at immediate swing high, but completely possible for price to come up during a high impact news event to take out the buyside liquidity above. Either a sweep, or this idea is completely wrong.

Good luck and safe trading.

- R2F

27 בנוב׳ 2024

עסקה פעילה

The 1h BISI may be a catalyst for higher prices.
Not the highest probability trade until a premium 1h and above array is created.