EURAUD - looking for sells
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.
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.
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