curtal

AUDUSD 1H | MY MID TERM VISION

OANDA:AUDUSD   Australian Dollar / U.S. Dollar
DBR = Drop Base Rally Demand Zone
LQP = Liquidity Pool
Arrows = Inducement Points
2WT = 2 Way Trap

My last vision failed because I didn't see the liquidity curve. It was clearly imbalanced which means price had to balance it first.

Price presented a support manipulation which I call a stockout. Seeing this I knew the setup would fail.

The whole DBR Zone is an area for potential buys. (never enter blindly, seek confirmations)


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.