As here we can see price is in so much discount previous week price just traded lower so here i am playing some anti direction move as we can see price is seeking some short term premium i do not know that this price will keep moving higher or not and to be specific we do not need to know that all i am able to see at the moment price is seek premium pd array and i am looking for price to reach 1d sibi
I saw 4h bisi which seems price is holding that and also there is relative equal highs above which are very smooth so using 5m entry at fvg i took long with the expectation for price to take 4h
rqh using 1:2RR
Comment
although i was bullish on audusd for scalp but price traded to the downside
reason for happening this is dxy moving higher which put pressure on aud i was actually bullish on dxy but i was not expecting price on dxy to move higher today as it is monday and no HIN on dxy today so my thought process was that price will go sideways or seek discount today and on tuesday target higher which could be good for scalping longs on audusd but it is part of the game price move lower and invalidate the 4H bisi and longs and there is no direction move on audusd at the moment
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