Description:
6A1! (AUD/USD Futures) is currently coiling inside a symmetrical triangle structure, developing a textbook compression pattern after reclaiming a key low-volume demand zone. The price action shows signs of bullish continuation, supported by structural higher lows and the recent mitigation of a local Fair Value Gap (FVG).
Market Structure & Context:
After a sharp drop into premium demand, price formed a structural bottom near 0.6500 and began carving out higher lows.
Price is now consolidating beneath a descending trend line, forming a symmetrical triangle, typically a neutral pattern but here it follows a strong impulsive move from demand, giving it bullish continuation potential.
A Fair Value Gap (FVG) formed on the most recent impulsive candle and is now being actively tested if reclaimed and held, it could act as a launchpad for upside continuation.
Key Technical Levels:
Entry Zone: 0.65320 (Break and retest of triangle support + micro demand)
Fair Value Gap: 0.65380–0.65440 (needs a clean close above)
TP1: 0.65480 (Previous structural resistance)
TP2: 0.65670 (Full premium supply mitigation zone)
Invalidation: Below 0.65200 (would break triangle and invalidate bullish thesis)
Quantitative Confluence:
Volume tapering off within the wedge = compression
Efficient rejection of thin liquidity zone suggests institutional accumulation
Symmetrical triangle resolution statistics historically favoUr continuation of prior move (bullish impulse precedes consolidation)
Risk Considerations:
FVG rejection could trap breakout traders wait for clear close above + retest
CPI/News events during Asia or London may cause fake out wicks — avoid premature entries
Final Thoughts:
This setup offers a high-probability breakout scenario if price can hold above 0.65320 and reclaim the FVG zone. A clean breakout of the triangle and fair value gap would open the path to premium inefficiency fill around 0.65670. However, a breakdown below 0.65200 flips the script bearish and could target the lower demand block around 0.65000.
6A1! (AUD/USD Futures) is currently coiling inside a symmetrical triangle structure, developing a textbook compression pattern after reclaiming a key low-volume demand zone. The price action shows signs of bullish continuation, supported by structural higher lows and the recent mitigation of a local Fair Value Gap (FVG).
Market Structure & Context:
After a sharp drop into premium demand, price formed a structural bottom near 0.6500 and began carving out higher lows.
Price is now consolidating beneath a descending trend line, forming a symmetrical triangle, typically a neutral pattern but here it follows a strong impulsive move from demand, giving it bullish continuation potential.
A Fair Value Gap (FVG) formed on the most recent impulsive candle and is now being actively tested if reclaimed and held, it could act as a launchpad for upside continuation.
Key Technical Levels:
Entry Zone: 0.65320 (Break and retest of triangle support + micro demand)
Fair Value Gap: 0.65380–0.65440 (needs a clean close above)
TP1: 0.65480 (Previous structural resistance)
TP2: 0.65670 (Full premium supply mitigation zone)
Invalidation: Below 0.65200 (would break triangle and invalidate bullish thesis)
Quantitative Confluence:
Volume tapering off within the wedge = compression
Efficient rejection of thin liquidity zone suggests institutional accumulation
Symmetrical triangle resolution statistics historically favoUr continuation of prior move (bullish impulse precedes consolidation)
Risk Considerations:
FVG rejection could trap breakout traders wait for clear close above + retest
CPI/News events during Asia or London may cause fake out wicks — avoid premature entries
Final Thoughts:
This setup offers a high-probability breakout scenario if price can hold above 0.65320 and reclaim the FVG zone. A clean breakout of the triangle and fair value gap would open the path to premium inefficiency fill around 0.65670. However, a breakdown below 0.65200 flips the script bearish and could target the lower demand block around 0.65000.
İşlem aktif
Our trade idea on 6A1! (AUD/USD Futures) played out exactly as planned.Recap:
After identifying clear rejection from the 1HR demand zone with confluence from EMA structure, price made a decisive move upward, breaking through the LVN and retesting a minor FVG before pushing to our first target at 0.65450 (TP1). The move confirms buyers stepping in off structural demand and shows a healthy transition back into the value area above 0.65200.
Current View:
Price is now consolidating below the 1HR supply zone. If momentum continues, TP2 at 0.65620 remains valid. However, we may see short-term rejection or a range develop here before continuation.
Key Levels:
✅ TP1: 0.65450 ✅
🎯 TP2: 0.65620 (active)
🟥 Supply: 0.65470–0.65600
🟩 Demand: 0.65000–0.65130
Staakd Rating: ★★★★☆
(Rated 4/5 for confluence, execution precision, and structure alignment)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.