EURAUD ____ INCOMING BEARISH MOVE
Hello Traders,
EURAUD recently traded into a strong monthly supply zone and since then has printed a bearish price structure. What I would like to see is if there will be a 1-hour CHOCH to take a short from the weekly order block.
What you should notice is that we have a daily sell-side liquidity to be swept which is just above the weekly demand order block.
Something of concern is the daily order block and the equal highs (buy-side liquidity) in the weekly order block.
WATCH OUT!!!
Follow me for more market breakdowns.
Cheers,
Jabari
EURAUD recently traded into a strong monthly supply zone and since then has printed a bearish price structure. What I would like to see is if there will be a 1-hour CHOCH to take a short from the weekly order block.
What you should notice is that we have a daily sell-side liquidity to be swept which is just above the weekly demand order block.
Something of concern is the daily order block and the equal highs (buy-side liquidity) in the weekly order block.
WATCH OUT!!!
Follow me for more market breakdowns.
Cheers,
Jabari
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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.
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.