AUD/NZD Short

Jun 7

Context:
• Monthly neutral / sideways
• Weekly bearish FVGs, ignored bullish order block
• Clearly bearish

Idea:
• Short at daily FVG

Entry:
• Entry Range: 1.0774 to 1.0787
• Entry Signal: Reversal Setup on 30min - 1h

Scenario:
• Liquidity sweep above 1.0774 (dashed line)
• Avoid building a FVG on 4h

Stop:
• Above your Reversal Setup / Entry Setup

Scenario invalidet
• 4h Close above 1.0771
→ Next location would then be 1.0806

Please leave a comment if you have any suggestion or question.

Jun 7

Note

Developing as expected

Two entry options from my perspective:

• Short on Pullback to 1h base / 30min FVG around 1.0769. Gives much better CRV
• Sell the 4h candle. Worse CRV but you participate for sure

Jun 7

Trade closed: target reached

Target reached: Prev day low