AVAX is currently slightly range bound on the smaller timeframes but is bearish on the larger timeframes like H1 and H4 and there is liquidity level at $12.649 so there is a chance it will go above to grab the liquidity and then into our sell zone and we will short AVAX from the h1 and h4 FVG+OB in futures trading.
You can take a trade at the fair value gap zone of H1 for short but if you get any volume confirmation on M15 or M5 timeframe or you also get confirmation of your strategy then you can go short at this zone but do not think that it will go for a direct liquidity sweep down from this zone, it will retest a little from here but will go up to the H4 zone and if there is a sign of strong volume there in M15 timeframe then you can do a liquidity sweep down. What you have to do is book your trade from these zones if you are getting 1:1 or 1:2 reward ratio then do not hold for long to do.
ZONES:
H1 Fair Value Gap at the price of $12.883
H4 Order Block+ FVG at the price of $13.195
Risk Management:
If you take a short trade after confirmation, then you have to keep a stoploss above your zone and keep your target equal to your stoploss, which means you have to keep a target of 1:1 and when the profit reaches 1:1, then you book 60-70% profit and you can hold the remaining 30-40% remaining position till 1:2, you have to do the same on your other H4 zone also.
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