📌 Trade Setup Details:
Pair: EUR/AUD
Timeframe: 4H (4-Hour)
Entry: 1.66347 (Sell Entry after Liquidity Grab)
Stop-Loss (SL): 1.66587 (Above Sell-Side Liquidity Level)
Take Profit (TP):
TP1: 1.65000 (Fair Value Gap - FVG)
TP2: 1.64808 (Order Block - OB)
TP3: 1.64309 (Major Sell-Side Liquidity Target)
Risk-to-Reward (RR): Around 1:4
📊 Market Analysis & Justification:
Liquidity Grab: Price swept previous highs, indicating a potential reversal.
Order Block Confirmation: Rejection near the 4H OB confirms a possible sell setup.
FVG (Fair Value Gap): An imbalance below suggests price is likely to fill this zone.
Market Structure: After liquidity grab and rejection, we expect lower lows in the market.
This trade setup follows Smart Money Concept (SMC) and ICT principles, aligning with bearish price action. 📉🔥
Pair: EUR/AUD
Timeframe: 4H (4-Hour)
Entry: 1.66347 (Sell Entry after Liquidity Grab)
Stop-Loss (SL): 1.66587 (Above Sell-Side Liquidity Level)
Take Profit (TP):
TP1: 1.65000 (Fair Value Gap - FVG)
TP2: 1.64808 (Order Block - OB)
TP3: 1.64309 (Major Sell-Side Liquidity Target)
Risk-to-Reward (RR): Around 1:4
📊 Market Analysis & Justification:
Liquidity Grab: Price swept previous highs, indicating a potential reversal.
Order Block Confirmation: Rejection near the 4H OB confirms a possible sell setup.
FVG (Fair Value Gap): An imbalance below suggests price is likely to fill this zone.
Market Structure: After liquidity grab and rejection, we expect lower lows in the market.
This trade setup follows Smart Money Concept (SMC) and ICT principles, aligning with bearish price action. 📉🔥
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.
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.