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Brixton_Trade
Nov 14, 2022 9:15 AM

audusd possible sell set up Short

Australian Dollar/U.S. DollarFXCM

Description

price currently at major structure level , waiting for more confirmation (such as candlestick pattern , imbalance waiting to be filled and lastly break of previous structure.) once price break the previous high , short set up won't be available will be looking for buy set up instead .


confluences : 1) bearish engulfing pattern as orderblock
2) break of previous structure
3) imbalance form and waiting to be filled

dxy overall market structure must be at the major level ( retracement or reverse ) minimum timeframe will be H1
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