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.
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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!
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!
