AUD/CAD 30m Trade Setup
Looking at the 30-minute chart, we see a clear IMB (Imbalance) that price seems to be targeting, coupled with liquidity resting above ($$$).
Game plan:
If the price continues its upward move, it may tap into the liquidity zone, filling the imbalance before a potential retracement.
Watching closely for reactions at the 0.91500–0.91666 zone, where confluence is strongest.
Bias:
Bearish pullback expected after liquidity is grabbed. Waiting for confirmations before entering short.
What’s your take on this setup? Are you looking to trade the bounce or the breakout? Let me know your strategy below!👇
Game plan:
If the price continues its upward move, it may tap into the liquidity zone, filling the imbalance before a potential retracement.
Watching closely for reactions at the 0.91500–0.91666 zone, where confluence is strongest.
Bias:
Bearish pullback expected after liquidity is grabbed. Waiting for confirmations before entering short.
What’s your take on this setup? Are you looking to trade the bounce or the breakout? Let me know your strategy below!👇
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.