AUDUSD [Potential Sell]
Updated
Second wave after first UT, given the second SOW price might not able to form another UTAD.
Entry at previous swing high on M5 and confirmed by H1 in-balance candle.
Entry at previous swing high on M5 and confirmed by H1 in-balance candle.
Note
A creek is forming a lot of orders at the top and behind the creek, will they spike both sides?Note
Yesterday there was a re-distribution at marked IB. Within that re-distribution there is IC just mitigated the H1 IB.Therefor price tapped the line and it turned down already.
Monday M5 re-distribution:
Note
How price tab that M5 IC on Monday:Note
This turn on H1 clearly is a re-accumulationsI notice that shakeout phase, I was too marry to my recounter trend bias. Should always follow Daily direction first.
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