EURAUD
Hello guys, here we looked at the market on H4 and H1 timeframe. We used H4 to check the trend and H1 to confirm our change of character, now we have our order block we are going to focus on identifying our break of structures to enter our sell opportunities.
You must be comfortable to trade your setups. We are comfortable this side because the market is at a premium zone which is a sell zone. We are going to swing this trade but we're not going to ignore the fact that there are other order blocks moving to the bearish side of the market, we are going to trail stop our positions in other to be on the safe side of the market. We are possibly going to swing this trade to the down side, some of you might say this is crazy but this is the concept of swing trading. Swing to the low or to the high.
You must be comfortable to trade your setups. We are comfortable this side because the market is at a premium zone which is a sell zone. We are going to swing this trade but we're not going to ignore the fact that there are other order blocks moving to the bearish side of the market, we are going to trail stop our positions in other to be on the safe side of the market. We are possibly going to swing this trade to the down side, some of you might say this is crazy but this is the concept of swing trading. Swing to the low or to the high.
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