Expecting bearish price action on EURAUD as we are in bearish market strucutre from a HTF premise, i would like to wait for the buy side liquidity manipulation and rejection from the bearish orderblock area on the H4.
The retail herd is LONG on this pair 70% meaning we have to look for short entry that would be a higher probability if we implement contrarian trading approach to the markets.
What do you think ? Comment below..