AUDUSD Top-Down Analysis- Short Term Very Bullish
Monthly Chart---Bearish
Weekly Chart---Bearish (Bullish liquidity)
4h chart---Bullish
15m chart---Bullish
Monthly Analysis:
Most likely will continue down but after the liquidity is taken.
Weekly Analysis:
4h Analysis:
15m Analysis:
Conclusion:
Short Term the price is very likely to continue bullish to take sell side liquidity on Higher Timeframes
Weekly Chart---Bearish (Bullish liquidity)
4h chart---Bullish
15m chart---Bullish
Monthly Analysis:
- Clear Change of Structure on Monthly
- Price is Reacting from Supply Zones
- Target: Newest low formed
- Trend line has buy side liquidity
Most likely will continue down but after the liquidity is taken.
Weekly Analysis:
- I noticed that there is no clear change in the structure but only an intermediate down trend.
- The Supply is clearly In Control
- Always sweeping liquidity above highs before going bearish.
- Could see a short term bullish movement to liquidate the trend line and the local liquidity.
4h Analysis:
- Bullish Price Action, Demand being In Control
- Price already reacted from Demand Zone and will continue to liquidate the high
- Right Now it's building up liquidity ( consolidating around the previous high )
- Expecting a big UP movement to liquidate both equal highs and trend line
15m Analysis:
- Big Impulse that left a bunch of Valid Demand Zones
- Price slowed down to create liquidity around the 4h High
- Expecting a bullish movement from any of the zones
- When price reaches a 15m Demand Zone I will be looking for changes in structure on 1m chart.
Conclusion:
Short Term the price is very likely to continue bullish to take sell side liquidity on Higher Timeframes
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