AUDUSD / LONG / 09.10.24
Monthly timeframe:
Price:
Internal liquidity can be:
Based on the above factors, we determine that the candle for October will be long.
Considering our long scenario, we assume that the first-second week of the month will be characterized by accumulation and manipulation within PO3.
Price:
- Price has completed a purchase test (ST - secondary test in phase A)
- Price is delivered to the upper range of the range (UA - authomated rally) to remove AR liquidity (AR - authomated rally)
Internal liquidity can be:
- Low of the previous month (PML)
Based on the above factors, we determine that the candle for October will be long.
Considering our long scenario, we assume that the first-second week of the month will be characterized by accumulation and manipulation within PO3.
Note
Week:
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