SHORT AUD/USD ON MAJOR SUPPLY

Stay patient and wait for the big setup

I'm looking at a entry point set at 0.7750 region

waiting for price to approach heavy supply area before I make any decisions will update throughout the day if needed.

Note

As price approaches 0.7719 we should see buyers and sellers start fighting so don't rush to enter. They may set more liquidity before pushing the market down

Note

Pack yourself a bag of popcorn and watch this beauty

Note

Price has broken 0.7719 and now approaching Major Supply Zone.

Note

The banks are now creating liquidity for sellers to take control.

Note

There getting people to enter long off the resistance break but little do they know that the big boys are waiting for them.

Note

We are getting closer to Major supply zone, I will be putting up a entry order zone once we get 10 pips away from 0.7750 region so anyone wanting to enter short get ready.

Note

We are getting closer to entry point, 10 pips away.

Trade active

Entry Order has been triggered.

First take profit will be set around 0.77 vicinity.

Set you stop losses at 0.7780 thats 30 pips

yash1220

Also on:

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.

yash1220

Also on: