AUDUSD ____ INCOMING BULLISH MOVE
Hello Guys,
I do hope the trading week has been fair to you.
Now the breakdown of this pair.
Let's start from the weekly, we have a bullish CHOCH on the weekly timeframe. Dropping to the daily timeframe, you will notice that we have buy-side liquidity (relatively equal highs) to hunt and the actual demand orderblock is below a swing low. (see annotations)
You will notice that I marked my daily demand orderblock on the wick of the candle. That is because the wick embodies the manipulation that ran the sell-side liquidity (relatively equal lows).
Follow for more updates.
Cheers,
Jabari
I do hope the trading week has been fair to you.
Now the breakdown of this pair.
Let's start from the weekly, we have a bullish CHOCH on the weekly timeframe. Dropping to the daily timeframe, you will notice that we have buy-side liquidity (relatively equal highs) to hunt and the actual demand orderblock is below a swing low. (see annotations)
You will notice that I marked my daily demand orderblock on the wick of the candle. That is because the wick embodies the manipulation that ran the sell-side liquidity (relatively equal lows).
Follow for more updates.
Cheers,
Jabari
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