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AlishaRenay
Jul 23, 2023 12:03 AM

EURAUD sell to buy projection 

EUR/AUDOANDA

Description

Price grabbed sell side liquidity and then broke structure on the 4h. Price broke minor sell structure, higher low, and is currently retesting, I’m trying to catch a 78% retracement to enter the sell. I believe the sell is to complete the buy retracement that broke structure to the buy side, also expecting price to sell down to the 78% as there is an OB there. As price gets to that OB, I want to see a lower tf change of character. Please let me know what you think and what you see!
Comments
akhilagrawal5648
but there is bullish strong candle in daily TF.. it gives me a feeling that it might go up to test upper resistance
AlishaRenay
@akhilagrawal5648 that bullish candle was a pullback of the sell that came after the new high was created
akhilagrawal5648
@AlishaRenay after sell rally I came to know this.. perfect analysis of yours.. 🙂
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