EIGHTCAP:EURAUD   Euro / Australian Dollar
After sweeping liquidity multiple times, price has broken structure to the downside. This structural break has indicted that supply is in control and in doing so has created an order block and imbalance in price due to the heavy momentum.

Here i will look for piece to pull back to a premium price where I deem enterable.

Let me know what you think. I hope this was of value.
Trade active:
-22 pips Drawdown
Floating +91pips
Trade closed: target reached:
+145 pips

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.