I am looking to enter a position on AUD/USD at a key level that aligns with this month’s discount zone. Since there are no significant fundamental factors influencing the Australian dollar or the U.S. dollar at the moment, this setup is based purely on price action and technical confluence.
Trade Setup:
Market Context: Price has retraced into the discounted portion of the monthly range, indicating a potential area of value.
Key Level: The entry is planned at a well-defined key level, which has previously acted as a liquidity cluster.
Confluence: The combination of the discount zone and key level increases the probability of a reaction in this area.
Trade Setup:
Market Context: Price has retraced into the discounted portion of the monthly range, indicating a potential area of value.
Key Level: The entry is planned at a well-defined key level, which has previously acted as a liquidity cluster.
Confluence: The combination of the discount zone and key level increases the probability of a reaction in this area.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.