AUD setting up for a mid-term LONG.
1. DXY is melting as stocks climb.
2. AUD has a seasonal and COT Bullish pattern which is aligned with Risk-Off wave.
3. Price action has been bullish, but displacement is yet to happen.
4. Technicals indicate that it can dip to current week open to do a stop hunt of price action, and then run to highs.
5. Bullish Orderblock is expected to play out.
1. DXY is melting as stocks climb.
2. AUD has a seasonal and COT Bullish pattern which is aligned with Risk-Off wave.
3. Price action has been bullish, but displacement is yet to happen.
4. Technicals indicate that it can dip to current week open to do a stop hunt of price action, and then run to highs.
5. Bullish Orderblock is expected to play out.
ASG
Humility & Discipline.
Humility & Discipline.
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.
ASG
Humility & Discipline.
Humility & Discipline.
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.