EURAUD,🔴It Bearish...?🔴(Details on Caption)

I like this chart 📊

Please pay attention to the details.

The price did the stop hunt and create the FVG, then could not continue to go higher and created the inversion. After that, by closing the candle's body below the last down-close candle, the price activated the breaker block, and also the market structure shifted.

Now, the price has moved higher and it is close to the premium, so we are looking for a sell position.
In that case, a bearish breaker block and buy-side liquidity formed inside the FVG are our confidence in a bearish move.

It is a high-probability setup, but this market is all about probability, so stick to your risk management. Do not forget we need LTF confirmation to execute the sell position.



💡Wait for the update!
🗓️15/03/2024
🔎 DYOR

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