SHORT AUD/USD ON MAJOR SUPPLY

Stay patient and wait for the big setup

I'm looking at a entry point set at 0.7750 region

waiting for price to approach heavy supply area before I make any decisions will update throughout the day if needed.

Commentaire:

As price approaches 0.7719 we should see buyers and sellers start fighting so don't rush to enter. They may set more liquidity before pushing the market down

Commentaire:

Pack yourself a bag of popcorn and watch this beauty

Commentaire:

Price has broken 0.7719 and now approaching Major Supply Zone.

Commentaire:

The banks are now creating liquidity for sellers to take control.

Commentaire:

There getting people to enter long off the resistance break but little do they know that the big boys are waiting for them.

Commentaire:

We are getting closer to Major supply zone, I will be putting up a entry order zone once we get 10 pips away from 0.7750 region so anyone wanting to enter short get ready.

Commentaire:

We are getting closer to entry point, 10 pips away.

Transaction en cours:

Entry Order has been triggered.

First take profit will be set around 0.77 vicinity.

Set you stop losses at 0.7780 thats 30 pips