TheBearTrader1

TheBearTrader1

BSL to take out, demand in discount, which took LQ, HP area for longs upon correct conffirmation

TheBearTrader1

Sells from pullback make sense on AUDUSD, have had a build up of SSL now which should be eventually taken and some nice supply zones

TheBearTrader1

Looking to sell price back into discounted regions on the M15, as we have had enough confirmation now the 4H pullback could be over

TheBearTrader1

Counter trend sells from here appeal to me, last real area of supply, we are now well on the edges to trade from, also we have lots of BSL to target too, upon a nice 1M Entry model i will take the sell

TheBearTrader1

Both sells and buys are valid at the moment, as we have seen a bearish CHoCH from 4H supply, but is this the 4H objective completed? Or have we just have a bearish CHoCH to mitigate 15M DEMAND? Look to play both with the right confirmations

TheBearTrader1

Now looking t0 get long on this pair, or potentially get a counter sell, i banked 15% from the trade i called out yesterday (1M entry model was taken)

TheBearTrader1

Internal OF is aligned with HTF swing structure, look to sell from highlighted levels

TheBearTrader1

Selling from around these areas now, lets see how this plays out

TheBearTrader1

Structure is king, continue selling from highlighted zones upon confirmation

TheBearTrader1

There was bullish intentions of a pullback, when price created a Bullish CHoCH, however this was to mitigate supply, and the expectation is for the weak low to get run, therefore sells are the smart trade from here

TheBearTrader1

Following from the HTF narrative, supply is in control and we are likely to take out the low now

TheBearTrader1

Annotations tell you everything I'm looking at, sells withing premium going with the trend are always the HP trade, nice PA too building up lots of LQ, few concerns though but if i get the right confirmation i will take the trade

TheBearTrader1

Looking to sell this pair upon the right confirmations when we start interacting with 15M Supply

TheBearTrader1

AUDUSD, despite being bearish on the daily and 4H, the 15M has now turned bullish, so there's a high probability we have started our HTF pullback now, this low should theoretically hold, upon confirmation longs look promising from here.

TheBearTrader1

Longs are still low probability, even from the extreme, the expectation is for the weak low to get taken, wait for more confirmation or look to continue to sell

TheBearTrader1

Shorts from supplies make sense are are the HP trade idea, follow the money, the first supply zone could be used as inducement, however it could also hold as it is in a premium, just be careful and ensure you have the right confirmations to trade from

TheBearTrader1

Yes we know we are very low in the leg, but if we look back at how price has been moving this whole week there has been no pullbacks into premium prices really, so adapt with the market, flow like water and lets get a short

TheBearTrader1

Looking nice here, we have a nice BOS now with some good mometum on the LTF, for a risk free trade as 5% has been banked from my previous call and 5% is still running, will update to see how price plays out