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grnntom
Nov 16, 2023 2:17 PM

EURAUD Idea Short

Euro / Australian DollarEightcap

Description

After sweeping liquidity multiple times, price has broken structure to the downside. This structural break has indicted that supply is in control and in doing so has created an order block and imbalance in price due to the heavy momentum.

Here i will look for piece to pull back to a premium price where I deem enterable.

Let me know what you think. I hope this was of value.

Trade active

-22 pips Drawdown
Floating +91pips

Trade closed: target reached

+145 pips
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