EURAUD
We see in a daily chart price is breaking the lows showing the downtrend.
We see, price has already broken the previous low, but down there is liquidity FVG, we wait if it will reach it.
If we want to buy, we shall buy a pull back which is very risk as we dont know where it will end.
Buying it, we wait for
a) the price to tap the area of FVG
b) to see the price prints choch of 1H
c) price retest
d) we may enter by observing the TNCP.
Trade safe.
Am not your financial advisor
We see, price has already broken the previous low, but down there is liquidity FVG, we wait if it will reach it.
If we want to buy, we shall buy a pull back which is very risk as we dont know where it will end.
Buying it, we wait for
a) the price to tap the area of FVG
b) to see the price prints choch of 1H
c) price retest
d) we may enter by observing the TNCP.
Trade safe.
Am not your financial advisor
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