AUDUSD Top-Down Analysis- Short Term Very Bullish

2023년 12월 3일

Monthly Chart---Bearish
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