Price has recently risen on AUDNZD to a significant area (4H Order Block).
Price initially rejected creating a trend liquidity shown on the chart.
Price then rose again to take out this liquidity and in my view this is fuel for a push down to at least the Fair Value Gap (FVG) area highlighted.
If price reaches this area it will be a 1:23R trade. Depending on how price action goes I may take profits sooner.
Price initially rejected creating a trend liquidity shown on the chart.
Price then rose again to take out this liquidity and in my view this is fuel for a push down to at least the Fair Value Gap (FVG) area highlighted.
If price reaches this area it will be a 1:23R trade. Depending on how price action goes I may take profits sooner.