AUDUSD Buy Setup (4H)
Entry: 0.69115
SL: 0.68704 (41 pips)
TP: 0.69935 (82 pips)
Reasoning:
- Price tapped discount zone + demand area
- Liquidity sweep below previous lows
- CHoCH + bullish reaction
- Trendline support confluence
- Targeting equilibrium and previous structure levels
Risk-to-Reward: 1:2
Disclaimer: For educational purpose only
Entry: 0.69115
SL: 0.68704 (41 pips)
TP: 0.69935 (82 pips)
Reasoning:
- Price tapped discount zone + demand area
- Liquidity sweep below previous lows
- CHoCH + bullish reaction
- Trendline support confluence
- Targeting equilibrium and previous structure levels
Risk-to-Reward: 1:2
Disclaimer: For educational purpose only
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.
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.