AUDUSD BEARISH Retracement 15m

2023年11月29日

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:

2023年11月29日

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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.