Looking at AUDCAD
We are currently at a Daily level of Supply
Been waiting for this current level to be broken for a while and we currently seem to have that intent to the downside at the HTF OB.
Will be setting a pending order on this trade soon as the spreads go back to normality.
Lets see how price delivers from here
*** I am aware that we have also created EQH that may also be a target to be taken out *** But the intent to the downside was to strong to ignore for me so it will be a reduced risk entry
Any questions feel free to ask
We are currently at a Daily level of Supply
Been waiting for this current level to be broken for a while and we currently seem to have that intent to the downside at the HTF OB.
Will be setting a pending order on this trade soon as the spreads go back to normality.
Lets see how price delivers from here
*** I am aware that we have also created EQH that may also be a target to be taken out *** But the intent to the downside was to strong to ignore for me so it will be a reduced risk entry
Any questions feel free to ask