Road_2_Funded

AUDUSD - Daily Timeframe Analysis (ICT)

Long
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
I'm anticipating price to head towards the Internal Buyside Liquidity in the form of Equal Highs above as a first objective. This bias comes from External Liquidity being raided, with a manipulative move that took it out a second time. A large Daily Sibi was left in its wake, but what was interesting is that price came into, and closed within the Sibi on Thursday, and on Friday's NFP it shot down to take out the previous day's low before coming back into the Sibi with a bullish close. In my eyes this is indicative of price wanting to head towards Buyside Liquidity before a HTF continuation to the downside.

As for narrative, I would anticipate price breaking through the Sibi, finding resistance possibly somewhere within the long-tailed Daily Wick and Trendline Buyside Liquidity above. Consequently, returning back into the Daily Sibi and using it as support before moving higher to the objective.

This analysis is based on Smart Money accumulating more shorts at relevant zones of Buyside Liquidity and Inefficiencies. A POI for a reversal back to the downside will be based on how price moves at either one of the annotations above my first objective.

- R2F
Comment:
Forgot to mention that the the Weekly Wick (CE) is at low as I would like to see price be for this analysis to still be valid.
Comment:
Made a similar pattern AGAIN, and used the same PD Arrays. Almost at bullish objective.

R2F
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