AUDJPY may fall from the bearish order block.
Bearish Momentum Expected from the BEARISH ORDER BLOCK
Bearish Order Block: 100.805 - 100.644
The market is currently in a downtrend, with bearish order blocks forming frequently—indicating strong selling pressure. A significant bearish order block has been identified between 100.805 and 100.644, making it a key zone to watch. For those looking to capitalize on this trend, it’s advisable to wait for the price to retrace and touch this order block before entering short positions.
This setup aligns with the overall market direction and has a high probability of success based on Smart Money Concepts (SMC). Let’s see how the price unfolds from this level, as there’s a strong chance this trade could end in profits. Stay patient and disciplined for the best entries!
AUDJPY / SHORT / M15
LOT :- 0.3
Entry Price :- 100.639
Take Profit :- 100.355
Stop Loss :- 100.923
Bearish Order Block: 100.805 - 100.644
The market is currently in a downtrend, with bearish order blocks forming frequently—indicating strong selling pressure. A significant bearish order block has been identified between 100.805 and 100.644, making it a key zone to watch. For those looking to capitalize on this trend, it’s advisable to wait for the price to retrace and touch this order block before entering short positions.
This setup aligns with the overall market direction and has a high probability of success based on Smart Money Concepts (SMC). Let’s see how the price unfolds from this level, as there’s a strong chance this trade could end in profits. Stay patient and disciplined for the best entries!
AUDJPY / SHORT / M15
LOT :- 0.3
Entry Price :- 100.639
Take Profit :- 100.355
Stop Loss :- 100.923
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