jamesabuck

EURAUD Sell before Buy

Long
FX:EURAUD   Euro / Australian Dollar
We would want to see the price rise into our supply zone capturing liquidity. Wait for entry criteria - extremes of Bollinger bands , confluence around 1.64 for a sell. Using Wyckoff theory when price returns to our demand zone we'd front-run a buy by 5-10 pips before a move to the upside.
Trade active: First sell came through +80 pips - See where the price is in relation to our zones in the morning!

Comments

Very good, hope the Buy happens
+1 Reply
Do you consider removing completely or extending your SL?
Reply
jamesabuck Helena_FX
@Helena_FX, Will wait until the morning and see where the price is in relation to zones in the morning :)
Reply
Helena_FX jamesabuck
@jamesabuck, Hope it goes your way.
Reply
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