EURAUD:🔴Bearish scenario🔴
Updated
Well, as you can see, the price purged the weekly external range liquidity, had a bearish reaction, and shifted the market structure, most likely we are on the sell side of the curve now.
Recently the price took the sell side liquidity which can cause the price to move higher to collect the buy side liquidity and then drop to draw on liquidity.
The price can move lower from here to 4-hour FVG and collect the first sell-side liquidity. If the price goes higher we can sell above buy-side liquidity, by lower time frame confirmation.
💡Wait for the update!
🗓️22/04/2024
🔎 DYOR
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Trade closed: target reached
The price hit the first TP.More than 70 Pips so far.
Cheers 🥂
Trade closed: target reached
The price reached TP 2.More than 140 Pips.
Cheers 🥂
Trade closed: target reached
All Tp reached.More than 200 Pips
Cheers 🥂
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