AUDUSD:🟢Possible scenario🟢(Details on caption)
As you can see, the price reacted bullishly after collecting the liquidity, created the inversion FVG, and shifted the market structure.
Now I see the price can draw to the buy-side liquidity, here we have two bullish scenarios:
1- The price may go higher from here and create the bullish FVG, respect them, and grab all buy-side liquidity.
2- There is a clear 1-hour bullish order block below the liquidity pool that formed as an equal low on the 50% Fibonacci level. So we can expect the price to move down to the demand zone (bullish order block) and then with the LTF confirmation, we can enter the buy position.
đź’ˇWait for the update!
🗓️27/02/2024
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