AUD/USD - BULLISH Bias
🔹 4H Timeframe:
• Price took out sell-side liquidity (SSL) before pushing up.
• Broke a major Lower High (LH) → Confirmed bullish intent.
• Targeting the previous high as the next liquidity point.
🔹 30M Timeframe:
• CHoCH (Change of Character) confirmed → Bullish intent.
• Price is now approaching inducement before mitigating order flow.
• Plan: Wait for price to sweep inducement, confirm a lower timeframe CHoCH, and enter off the order block for a continuation to the upside.
🎯 Target: Next major high.
🛑 Invalidation: If price breaks below previous swing low and structure shifts bearish.
Bless Trading!
• Price took out sell-side liquidity (SSL) before pushing up.
• Broke a major Lower High (LH) → Confirmed bullish intent.
• Targeting the previous high as the next liquidity point.
🔹 30M Timeframe:
• CHoCH (Change of Character) confirmed → Bullish intent.
• Price is now approaching inducement before mitigating order flow.
• Plan: Wait for price to sweep inducement, confirm a lower timeframe CHoCH, and enter off the order block for a continuation to the upside.
🎯 Target: Next major high.
🛑 Invalidation: If price breaks below previous swing low and structure shifts bearish.
Bless Trading!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.