AUDUSD top down analysis using S&D concepts

Short

Australian Dollar / U.S. Dollar (FX:AUDUSD)

Updated

FX:AUDUSD Australian Dollar / U.S. Dollar

Trend Analysis Chart Patterns

trendanalysis chartpattern

Buy-side liquidity has been generated on the run up to the supply zone where we expect a reversal.

Comment:

Fabulous! It did go higher however you should never enter blindly at a level and should always seek confirmations on lower timeframe.

Comment:

Bullish sentiment created, now expecting those lows to be taken out. Just wait.

Comment:

Price nearly reached target! The power of S&D!

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