EUR/AUD 1H & 15M - How we getting on people! Been a while but I have gone ahead and provided you all with analysis for this pair specifically as this is a pair I am looking to trade very soon!
As you can see I have tried to illustrate as best as I could how I want price to play out, where I want to execute and my reasoning behind it. You’ll notice I have highlighted a zone (1.5475-1.5501) highlight it for yourself and wait for price to trail us in.
This is a valid BUY to SELL zone as we can see on the higher TF’s it’s been left unmitigated. I want to see price trail into this zone clear any remaining liquidity to the upside and acquire the supply needed in order to create a new bearish run!
As you can see I have tried to illustrate as best as I could how I want price to play out, where I want to execute and my reasoning behind it. You’ll notice I have highlighted a zone (1.5475-1.5501) highlight it for yourself and wait for price to trail us in.
This is a valid BUY to SELL zone as we can see on the higher TF’s it’s been left unmitigated. I want to see price trail into this zone clear any remaining liquidity to the upside and acquire the supply needed in order to create a new bearish run!