Counter trend sells from here appeal to me, last real area of supply, we are now well on the edges to trade from, also we have lots of BSL to target too, upon a nice 1M Entry model i will take the sell
Both sells and buys are valid at the moment, as we have seen a bearish CHoCH from 4H supply, but is this the 4H objective completed? Or have we just have a bearish CHoCH to mitigate 15M DEMAND? Look to play both with the right confirmations
There was bullish intentions of a pullback, when price created a Bullish CHoCH, however this was to mitigate supply, and the expectation is for the weak low to get run, therefore sells are the smart trade from here
Annotations tell you everything I'm looking at, sells withing premium going with the trend are always the HP trade, nice PA too building up lots of LQ, few concerns though but if i get the right confirmation i will take the trade
AUDUSD, despite being bearish on the daily and 4H, the 15M has now turned bullish, so there's a high probability we have started our HTF pullback now, this low should theoretically hold, upon confirmation longs look promising from here.
Shorts from supplies make sense are are the HP trade idea, follow the money, the first supply zone could be used as inducement, however it could also hold as it is in a premium, just be careful and ensure you have the right confirmations to trade from
Yes we know we are very low in the leg, but if we look back at how price has been moving this whole week there has been no pullbacks into premium prices really, so adapt with the market, flow like water and lets get a short
Looking nice here, we have a nice BOS now with some good mometum on the LTF, for a risk free trade as 5% has been banked from my previous call and 5% is still running, will update to see how price plays out