FX:AUDUSD   Australian Dollar / U.S. Dollar
1. Market Structure (Uptrend or Downtrend)
>down trend on a higher timeframe, and lower timeframes confirmed by the BOS
2. Identify Liquidity (Resting & Captured)
>not really any clear liquidity to target or any liquidity above the POI
3. Wyckoff (Accumulation or Distribution)
>distribution was confirmed by the BOS on the 30min TF, waiting for another distribution on the 1min TF, around the LTF POI (last up high volume candle before the BOS)
4. BOS or COS Confirmed
>BOS was confirmed
5. Institutional Candle (IC)
>Sling shot candle is used as POI, last high volume buy candle before the BOS and take liquidity
6. Orderblock
>Sling shot candle is used as POI, last high volume buy candle before the BOS and take liquidity
7. IPA/Imbalance
>POI lies within imbalance, and imbalance can also be targeted below
8. Fibs
>POI is within the discounted level (fib level greater than 50%)
9. Time & Price (Daily & Session's Open Price) & Psychological Levels - 20's, 50's, 80's)
>NY session
10. Comparative Strength
11. Seasonality
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.