Again, not afraid to be wrong, ready to risk a few pips for this move to be made. Not a forecast but a probable reaction off a critical level that has been tested in the past
AFTER MITIGATING THE 4H POI, I LOOK FORWARD TO PRICE VALIDATING MY ENTRY FOR A SHORT-TERM LONG POSITION REACHING TOWARDS WHERE THE BEARS WILL TAKE DOMINANCE.
The 50% of the M15 +OB happens to be the exact +OB on M5 - confluence can’t be any better. Analysis showing bullish intent to cover up for FVG or market inefficiency.
WE INTEND TO GO SHORT ON XAUUSD BECAUSE THE OVERALL TREND IS BEARISH AND PRICE LOOKS TO WANT TO TRADE INTO OUR ORDERBLOCK.
Using the Optimal Trading Entry strategy by The Inner Circle Trader, we can possible come to a conclusive emphatic forecast for price actions on AUDUSD thrusting long after the previous short term shorts.