EURAUD - short
Price is currently moving swiftly through a higher timeframe FVG. Just above this FVG is a 4H OB which is of interest to me as a point where I think price could reach before rejecting to the downside.
The 4H OB is in the fib golden pocket also which is a nice confluence. I will keep an eye on this and potentially short if I feel like price action indicates the upwards momentum is slowing or shifts to the downside.
The 4H OB is in the fib golden pocket also which is a nice confluence. I will keep an eye on this and potentially short if I feel like price action indicates the upwards momentum is slowing or shifts to the downside.
I am...inevitable.
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I am...inevitable.
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.