AUDSGD ____ INCOMING BEARISH MOVE
Hello Guys,
This pair is not so popular amongst forex traders but I do trade it sometimes and I might present a good short opportunity soon.
Price just created and hunted buy-side liquidity on its way to a daily order block which if it holds, will present a good shorting opportunity. There is also a weekly FVG just above the daily order block.
I would be monitoring price movement in the 1-hour timeframe, waiting for a CHOCH from bullish to bearish to take a nice short.
This move is also visible on other AUD pairs (see them below)
Follow for more update.
AUDUSD analysis
https://www.tradingview.com/chart/AUDUSD/RP4wxLIq-AUDUSD-INCOMING-BEARISH-MOVE/
AUDCHF analysis
https://www.tradingview.com/chart/AUDCHF/RJ7oHXq3-AUDCHF-INCOMING-BEARISH-MOVE/
Cheers,
Jabari
This pair is not so popular amongst forex traders but I do trade it sometimes and I might present a good short opportunity soon.
Price just created and hunted buy-side liquidity on its way to a daily order block which if it holds, will present a good shorting opportunity. There is also a weekly FVG just above the daily order block.
I would be monitoring price movement in the 1-hour timeframe, waiting for a CHOCH from bullish to bearish to take a nice short.
This move is also visible on other AUD pairs (see them below)
Follow for more update.
AUDUSD analysis
https://www.tradingview.com/chart/AUDUSD/RP4wxLIq-AUDUSD-INCOMING-BEARISH-MOVE/
AUDCHF analysis
https://www.tradingview.com/chart/AUDCHF/RJ7oHXq3-AUDCHF-INCOMING-BEARISH-MOVE/
Cheers,
Jabari
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