Having critically analyse AU, I think the internal low may pull out some reactions but am sticking with the higher timeframe which is 4hrs strong low
Having following the story of price, we are in an uptrend and market grab liquidity, and break the market structure which indicates a continuation in the trend
As we can see, the market is in an uptrend on the daily timeframe and the internal structures are getting cleared. On 15mins, am waiting for a sell continuation to fill in the POI below.
from the above we can clearly see that the market is in a downtrend on Weekly Time frame, but on the daily we are having a retracement back to the Order Block left for the continuation of the downtrend. lets see how it plays...
On the Higher timeframe, weekly precisely the market seems to be bearish creating a LH and LL but on the Daily timeframe, the recent market movement is showing an upward movement with the recent stop hunt into an FVG which shows the recent HH and the market just broke below a bearish breaker block or mark filling the Imbalance created above before creating a down...
Price within the daily range, and left behind an order block. Expecting a retracement back to the order block for a buy.
Price forming an head and shoulder pattern with the neckline been broken which also commesorate with H4 order block. waiting for a retest of the before going short.
The UJ is in an uptrend reaching for the monthly OB but currently trading within the weekly trading range with a reversal to the sell side and inside the weekly trading range is an imbalance that the market will be reaching to fill up before continuing the uptrend.