AUDUSD Potential Downside from the Bearish Order Block

Bearish Order Block: 0.65762 - 0.65708

Based on my analysis using Smart Money Concepts (SMC), AUDUSD has formed a bearish order block around 0.65762 to 0.65708. Price action is showing signs of a potential reversal within this block, suggesting that sellers might step in at this level, leading to a downward move.

I'll be watching how AUDUSD reacts in this range, with a high probability of this trade ending in profits if the order block holds strong as resistance.

Trade Details:

Position: Short
Lot Size: 0.2
Entry Price: 0.65708
Take Profit: 0.65531
Stop Loss: 0.65885


This setup aligns with institutional movement patterns, and I’ll be monitoring for confirmation of bearish momentum. Let’s see how the market reacts!
Trade active
Trade Active few hours back.
Trade closed manually
Another order block formed against our direction so its better close it now. risky traders can hold it. price :- 0.65616
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