Bullish Sentiment On AUDUSD
The bullish sentiment are backed by my following confluences using the Supply & Demand strategy.
*) Market Structure(ChoCh) which is bullish.
*) Oder-Block
*) Imbalance
*) Liquidity(Entry liquidity) and then if price goes as I’m expecting, the Higher high that may possibly lead to the retracement of price back to my POI will become my first Take Profit liquidity(TP1). Also there’s a trendline liquidity drawn from above, that will be my external liquidity to target as swing trading(TP2).
Note: the market is all probabilities and so is my analysis.
*) Market Structure(ChoCh) which is bullish.
*) Oder-Block
*) Imbalance
*) Liquidity(Entry liquidity) and then if price goes as I’m expecting, the Higher high that may possibly lead to the retracement of price back to my POI will become my first Take Profit liquidity(TP1). Also there’s a trendline liquidity drawn from above, that will be my external liquidity to target as swing trading(TP2).
Note: the market is all probabilities and so is my analysis.
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