tradingfrog

AUDUSD [Potential Sell]

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tradingfrog Atualizado   
FX:AUDUSD   Dólar Australiano/Dólar Americano
Second wave after first UT, given the second SOW price might not able to form another UTAD.

Entry at previous swing high on M5 and confirmed by H1 in-balance candle.
Comentário:
A creek is forming a lot of orders at the top and behind the creek, will they spike both sides?

Comentário:
Yesterday there was a re-distribution at marked IB. Within that re-distribution there is IC just mitigated the H1 IB.
Therefor price tapped the line and it turned down already.

Monday M5 re-distribution:
Comentário:
How price tab that M5 IC on Monday:
Comentário:
This turn on H1 clearly is a re-accumulations

I notice that shakeout phase, I was too marry to my recounter trend bias. Should always follow Daily direction first.

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