1Hr TF overview
Buyside Trade
Pair: AUDNZD
Date: Monday, 10th February 2025
Session: NY Session PM (noon)
Trade Details:
Entry: 151.973
Profit Level: 155.276 (+2.17%)
Stop Level: 151.516 (-0.30%)
Risk-Reward Ratio (RR): 7.23
Reasoning:
This buyside trade is based on a break of structure (BOS) on a higher timeframe, confirming bullish momentum. Price action suggests a strong demand zone, with a liquidity grab (sweep of sell-side liquidity) before reversing.
Directional Bias: Bullish confirmation from market structure and fractal alignment.
Entry Justification: Price reacted to a discounted price level, showing signs of accumulation.
Trade active
Wed 12th Feb observation...
Trade closed manually
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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.