AUDUSD OUTLOOK
Price trading inside bullish channel but is approaching a key order block, thus creating a potential opportunity for a sell at the resistance level.
We had already marked the Key Level, but will make sure to look out for the price action before making any entries.
Impulse Short entries can be taken once price rejects that region.
We had our sells set up with potential downside in the R:R ratio of 1:3.
Price trading inside bullish channel but is approaching a key order block, thus creating a potential opportunity for a sell at the resistance level.
We had already marked the Key Level, but will make sure to look out for the price action before making any entries.
Impulse Short entries can be taken once price rejects that region.
We had our sells set up with potential downside in the R:R ratio of 1:3.