EURAUD | 4H
The market has retraced into a higher-timeframe Area of Interest after a bearish impulse, presenting a potential Type 3 opportunity.
My current bias remains bearish, but execution depends entirely on confirmation rather than anticipation.
Technical observations:
• Daily bearish order flow remains intact.
• Price has retraced into the Daily AOI.
• 62%, 70.5% and 79% retracement levels are being monitored as potential reaction areas.
• Looking for bearish confirmation before considering continuation toward the next downside liquidity.
Trade Plan
• Bias: Bearish 📉
• Entry Model: FSSM Type 3
• Confirmation: Bearish price action within the AOI
• Invalidation: Sustained acceptance above the swing high
• Target: Next downside liquidity
No confirmation = No trade.
This analysis reflects my current market view and will be updated if market structure changes.
Plan Your Trade | Trade Your Plan
Educational market analysis only. Not financial advice.
The market has retraced into a higher-timeframe Area of Interest after a bearish impulse, presenting a potential Type 3 opportunity.
My current bias remains bearish, but execution depends entirely on confirmation rather than anticipation.
Technical observations:
• Daily bearish order flow remains intact.
• Price has retraced into the Daily AOI.
• 62%, 70.5% and 79% retracement levels are being monitored as potential reaction areas.
• Looking for bearish confirmation before considering continuation toward the next downside liquidity.
Trade Plan
• Bias: Bearish 📉
• Entry Model: FSSM Type 3
• Confirmation: Bearish price action within the AOI
• Invalidation: Sustained acceptance above the swing high
• Target: Next downside liquidity
No confirmation = No trade.
This analysis reflects my current market view and will be updated if market structure changes.
Plan Your Trade | Trade Your Plan
Educational market analysis only. Not financial advice.
Trade closed: target reached
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.
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.