Long trade

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1Hr TF overview

Buyside Trade
Pair: AUDNZD
Date: Monday, 10th February 2025
Session: NY Session PM (noon)

Trade Details:
Entry: 151.973
Profit Level: 155.276 (+2.17%)
Stop Level: 151.516 (-0.30%)
Risk-Reward Ratio (RR): 7.23

Reasoning:
This buyside trade is based on a break of structure (BOS) on a higher timeframe, confirming bullish momentum. Price action suggests a strong demand zone, with a liquidity grab (sweep of sell-side liquidity) before reversing.

Directional Bias: Bullish confirmation from market structure and fractal alignment.
Entry Justification: Price reacted to a discounted price level, showing signs of accumulation.

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Wed 12th Feb observation...

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