AU takes liquidity from the top then breaks structure creating a choch to the down side this trade should drop to the htf breaker block that's below then turn bullish this setup is a sell to buy with high RR1/7.5
Note
Today is 4th of July (bank holiday)although the set up looks good it’s recommended to not trade this day due to the liquidity raid and market conditions ..and we see the result of it , this set i up is legit and is highly probable ,but bank holidays chose to override .rookie mistake
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.