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Dec 15, 2023 2:54 PM

⚡️ AUDUSD SMC TRADING SETUP ⚡️ | 4 Hour Short

Australian Dollar/U.S. DollarFXCM

Description

AUD/USD has acquired liquidity above the preceding Order Block and subsequently descended below this liquidity level following a Change of Character (ChoCh). In this context, we have pinpointed a point of interest marked by an exceptional level of Order Block (OB) and Fair Value Gap (FVG) alignment. The expectation is for the price to retest this OB, providing another favorable opportunity for a short entry.
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