AUDUSD BEARISH Retracement 15m
Updated
On AUDUSD we can see a clear Change of Structure as the structural low got liquidated, therefore a bearish trend has been established. This bearish trend can continue until the 4h Demand Zone is reached. I will be looking for 15m structural shifts or nice fails in Supply.
Until then we can look at short positions from the Supply Zones noted.
Here is the 4h Analysis:
Until then we can look at short positions from the Supply Zones noted.
Here is the 4h Analysis:
Comment
Reached the 15m Refined Demand zone and had a reaction and a change of structure. This zone was powerful bc it took out sell side liquidity and was the reason for the flip of the Supply Zone.
I expect the price to reach 4h Target.
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