NY Open Setup for 11-10-2021
Assets traded AUDJPY, EURUSD & AUDUSD
AUDJPY Bias is Bullish: Reason is because price is inside a Monthly Bullish Orderblock, H4 shows a Break in Market Structure, AUD interest rate is higher than YEN.
AUDUSD & EURUSD: Reason I bought is due to DOLLAR in a H4 Bearish Orderblock and below rests equal lows, hence DOLLAR objective intraday is Bearish and foreign currencies Bullish. AUD has a higher interest rate than EUR so it's highly favored in buying.
AUDUSD at a Bullish OB Mean Threshold and M1 shows a willingness to buy by creating multiple OTE and eventually breaks a significant intraday high, seeking equal highs from previous days.
AUDJPY Bias is Bullish: Reason is because price is inside a Monthly Bullish Orderblock, H4 shows a Break in Market Structure, AUD interest rate is higher than YEN.
AUDUSD & EURUSD: Reason I bought is due to DOLLAR in a H4 Bearish Orderblock and below rests equal lows, hence DOLLAR objective intraday is Bearish and foreign currencies Bullish. AUD has a higher interest rate than EUR so it's highly favored in buying.
AUDUSD at a Bullish OB Mean Threshold and M1 shows a willingness to buy by creating multiple OTE and eventually breaks a significant intraday high, seeking equal highs from previous days.
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