AUDUSD - Short Trade Idea
This is a short idea on AUDUSD.
I'm anticipating lower prices towards a higher timeframe ascending trendline, after price took out buyside liquidity from a descending trendline and then displacing lower.
The trendline in the image is one isolated to around these timeframes, and not the HTF narrative. Besides that, I'm basing it off a Daily iFVG and Daily -OB. First target is the most recent low that price made.
Stoploss at immediate swing high, but completely possible for price to come up during a high impact news event to take out the buyside liquidity above. Either a sweep, or this idea is completely wrong.
Good luck and safe trading.
- R2F
I'm anticipating lower prices towards a higher timeframe ascending trendline, after price took out buyside liquidity from a descending trendline and then displacing lower.
The trendline in the image is one isolated to around these timeframes, and not the HTF narrative. Besides that, I'm basing it off a Daily iFVG and Daily -OB. First target is the most recent low that price made.
Stoploss at immediate swing high, but completely possible for price to come up during a high impact news event to take out the buyside liquidity above. Either a sweep, or this idea is completely wrong.
Good luck and safe trading.
- R2F
Trade active
The 1h BISI may be a catalyst for higher prices.
Not the highest probability trade until a premium 1h and above array is created.
R2F Trading
Private Coaching Available
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Telegram: @Road2Funded
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Private Coaching Available
road2fundedtrading.com
Telegram: @Road2Funded
Discord: @pippilongshorting
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
R2F Trading
Private Coaching Available
road2fundedtrading.com
Telegram: @Road2Funded
Discord: @pippilongshorting
Private Coaching Available
road2fundedtrading.com
Telegram: @Road2Funded
Discord: @pippilongshorting
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.