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tradingfrog
May 4, 2021 12:22 PM

AUDUSD [Potential Short] Short

FX:AUDUSD60
Australian Dollar/U.S. DollarFXCM

Description

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  • Clearly price is stepping down
  • Found a M5 order block (final bullish before break to downside)
  • Looking for retrace to the M5 OB for entry
  • If possible and avaliable will zoom into lower timeframe for more better entries
  • Target 1 to recent low before manipulation
  • Target 2 to a bit lower than recent daily high before break above 0.76773

Comment

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It will be safer for stop set at 0.775
Trend AnalysisChart PatternsAUDUSDorderblock
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