I would have had a bearish bias on AU if it werent for the way that price wicked off the EQ of that daily OB. show that there is not downside momentum. i believe that into the first couple days of the week price will range inbetween the EQ and the top of the block. Butprice will most likely breakout to the upside and hold above the block. I will be looking for long entries if the top of the order block holds. will keep updated
Trade active:
Friday morning
Comment:
With the strength that the dollar has atm. i may look to cut this trade if i see bearish movement near the TL