EURAUD BUY SETUP
📌 Trade Plan – Based on Institutional Execution Strategy:
🔹 Scenario 1: Bullish Continuation Trade (MAIN PLAN)
✅ Buy Zone: 1.6500 - 1.6530 (on retrace to OB/FVG).
✅ SL: Below 1.6460 (Safe Institutional Stop).
✅ TP1: 1.6620 (Previous High).
✅ TP2: 1.6700 (Liquidity Pool).
✅ Confidence Level: High (Clear Smart Money Reaccumulation).
🔹 Scenario 2: Bearish Reversal Trade (Only if price rejects 1.6600 - 1.6620)
✅ Sell Zone: 1.6600 - 1.6620 (at rejection).
✅ SL: Above 1.6650 (Institutional Safe Stop).
✅ TP1: 1.6500 (Retest OB).
✅ TP2: 1.6400 (Major Liquidity Zone).
✅ Confidence Level: Medium (Only valid if reversal confirmation happens).
🔥 FINAL DECISION: What Would I Do as a Top Institutional Trader?
Monitor price reaction at 1.6600 - 1.6620. If price rejects this level, enter a sell.
Longer-term buy: If price retraces to 1.6520 - 1.6470, I will enter long after confirmations.
🔹 Scenario 1: Bullish Continuation Trade (MAIN PLAN)
✅ Buy Zone: 1.6500 - 1.6530 (on retrace to OB/FVG).
✅ SL: Below 1.6460 (Safe Institutional Stop).
✅ TP1: 1.6620 (Previous High).
✅ TP2: 1.6700 (Liquidity Pool).
✅ Confidence Level: High (Clear Smart Money Reaccumulation).
🔹 Scenario 2: Bearish Reversal Trade (Only if price rejects 1.6600 - 1.6620)
✅ Sell Zone: 1.6600 - 1.6620 (at rejection).
✅ SL: Above 1.6650 (Institutional Safe Stop).
✅ TP1: 1.6500 (Retest OB).
✅ TP2: 1.6400 (Major Liquidity Zone).
✅ Confidence Level: Medium (Only valid if reversal confirmation happens).
🔥 FINAL DECISION: What Would I Do as a Top Institutional Trader?
Monitor price reaction at 1.6600 - 1.6620. If price rejects this level, enter a sell.
Longer-term buy: If price retraces to 1.6520 - 1.6470, I will enter long after confirmations.
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.