AUDUSD Short Setup at Bearish Order Block in 1H TF
Hello Traders!
Here's a simple but effective short setup idea for AUDUSD based on price action and market structure:
Key Insight:
AUDUSD is showing signs of bearish momentum as it approaches a bearish order block that aligns with a strong resistance zone. This makes it an ideal area to look for potential sell entries.
Setup Details:
Entry Zone: Place a short position near the bearish order block. Look for confirmation such as rejection wicks, bearish candlestick patterns, or momentum shifts on lower time frames before entering.
Target: The opposite side liquidity, where price is likely to seek equilibrium. This could be located near recent swing lows or a liquidity pool.
Stop Loss: Place it above the bearish order block to protect against invalidation of the setup.
Trade Plan:
Wait for price to tap into the bearish order block and monitor for signs of rejection before committing.
Manage your risk by calculating an appropriate lot size based on your risk management plan.
This setup offers a clear risk-to-reward structure, making it an appealing opportunity for those focusing on clean price action.
Let me know your thoughts on this setup and how you're approaching AUDUSD. Good luck, and trade safe!
Here's a simple but effective short setup idea for AUDUSD based on price action and market structure:
Key Insight:
AUDUSD is showing signs of bearish momentum as it approaches a bearish order block that aligns with a strong resistance zone. This makes it an ideal area to look for potential sell entries.
Setup Details:
Entry Zone: Place a short position near the bearish order block. Look for confirmation such as rejection wicks, bearish candlestick patterns, or momentum shifts on lower time frames before entering.
Target: The opposite side liquidity, where price is likely to seek equilibrium. This could be located near recent swing lows or a liquidity pool.
Stop Loss: Place it above the bearish order block to protect against invalidation of the setup.
Trade Plan:
Wait for price to tap into the bearish order block and monitor for signs of rejection before committing.
Manage your risk by calculating an appropriate lot size based on your risk management plan.
This setup offers a clear risk-to-reward structure, making it an appealing opportunity for those focusing on clean price action.
Let me know your thoughts on this setup and how you're approaching AUDUSD. Good luck, and trade safe!
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