Breakdown of footprint Trade (AUDUSD)
What stands on the chart? And how to use it to your benefit.
- Total volume order at the low of candle.
Is a strong indication o ‘’sell side’’ reversal.
Total of orders at that exact point was 3.076K
- Buyers starting taking control.
we can see that the poc (place of control)
area where buyers step the
first foot in the market
- Strong point of buy side orders 1.889K
- Sell side started pushing in.
You can see the results on the next candle.
- Buyers buy back up. A big wick is a sign of buy side liquidity buying back up against sell side liquidity
- Sellers and buyers started consolidating
- Before buyers came out on top.
- But now the liquidity seems to be switching over.
Buy side liquid started stepping in on the 4hour chart
We already had a full planned out trade. This footprint chart was just another confirmation. Of what we were already expecting from price.
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