Audusddaily
AUDUSD: Best Sell ZonePlease study my related idea below to gain a larger perspective on this trade setup.
I will be looking to eliminate this minor liquidity before bouncing from the demand above.
This typical pattern is likely to have created a potential stop loss hunt to come.
We can use this to our advantage if we wait and get involved after this purge.
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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain of the markets. This information given is not financial advice, always do your own research.
Thank you for reading,
Cheers to many pips!
AUDUSD: Don't Miss This!!!AUDUSD broke out impulsively from the head and shoulders pattern leaving huge amounts of liquidity.
Price attempted to break away with the bulls recently but failed.
This leads me to believe that price will come to test below the low before bouncing from the daily demand region.
Once we get this bounce we can expect complete reversals into our liquidity point marked.
Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you!
Keep in mind that the analysis provided is not 100% accurate and that you can never be certain of the markets. This information given is not financial advice, always do your own research.
Thank you for reading,
Cheers to many pips!
AUDUSD: Order Flow CollapsePrice collapsed to the downside with the assistance of bearish order flow utilising order blocks.
Now that sellers have taken out buyer strength, we may see some retracement.
I will be waiting for a break of structure of the lower time frames before I look to buy back into some of the imbalance.
What are your thoughts on AUDUSD this week?
Switching bias. Bearish on AUDUSDI have been mainly bullish on risk on pairs like the aussie dollar for the past for weeks. This weeks' price action is making me switch my bias. The pair looks short to mid-term bullish and looks like it will trade in a range for the large part of 2022.
BEAR CASE
We are expecting price to visit 0.70 for a strong rebound. After that we will switch our strategy towards trading in a range with a bias to farther downside for the AUDUSD
BULL CASE
If the market proves us wrong in the coming week, we're expecting price to retest the 0.76 areas where there might be some resistance.