Breakdown of footprint Trade (AUDUSD)

9 May

What stands on the chart? And how to use it to your benefit.

• Total volume order at the low of candle.
  Is a strong indication o ‘’sell side’’ reversal.
  Total of orders at that exact point was 3.076K
  

• Buyers starting taking control.
  we can see that the poc (place of control)
  area where buyers step the
  first foot in the market
  

• Strong point of buy side orders 1.889K
  

• Sell side started pushing in.
  You can see the results on the next candle.
  

• Buyers buy back up. A big wick is a sign of buy side liquidity buying back up against sell side liquidity
  

• Sellers and buyers started consolidating
  

• Before buyers came out on top.
  

• But now the liquidity seems to be switching over.
  

Buy side liquid started stepping in on the 4hour chart



We already had a full planned out trade. This footprint chart was just another confirmation. Of what we were already expecting from price.