HTF 50EMA POWER PLAY BE SMART- AWAIT A BREAK OF STRUCTURE FIRST!
Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅4H Order Block ✅Tokyo ranges to be filled ✅15' order block identified ✅4H 50EMA ✅Daily 50 EMA
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail. 🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
AUDJPY Entry 📈: The heist begins! Watch for the MA pullback in the market maker’s trap zone (91.500 OR above) to strike. Bullish riches await! Set buy stop orders above the Moving Average or place buy limit orders within the 15 or 30-minute timeframe’s recent swing low/high. Pro tip: Set an alert to catch the breakout entry in action! 🔔
Stop Loss 🛑: Place your Thief SL at the recent swing low/high on the 4H timeframe (90.200) for swing trades. Adjust SL based on your risk tolerance, lot size, and multiple orders.
Target 🎯: Aim for 96.600 or make a swift exit before the target to secure your loot!
AUDJPY My DOL (Draw on Liquidity) is 86.0535. Using the H4 TF on the current dealer range, price should drop within the Trend Rejection zone or above 50%.
AUDJPY Dear traders don't subscribe to anything. Just draw resistance and support then wait for confirmation. Also risk management very important, don't be greedy. Learn and depend on yourself.
AUDJPY 
