AUDJPY - 16 December 2021

Current Market Condition:
Market Structure (MS) & Order Flow (OF):
4H: Bullish OF, previously price didn't give a decent pullback to the EQ of the leg, showing the bullish momentum is overwhelming. Price now give another 4H BOS to upside, I expect a pullback to happen in the near future
15m: Bullish OF with bearish CHoCH. Price give a 15m bearish CHoCH after the impulsive bullish move.

Momentum:
15m: Bearish momentum starting to kick in as we can see the price give a 15m bearish CHoCH with follow through. The current pullback after CHoCH is pretty corrective. Price is now showing no clear intention whether it wants to go higher or lower.

Liquidity Condition:
Not much significant LQ found in 15mTF.

Trade Idea: Both
If price reach the supply first I will consider about a Short if bearish intention found (significant bearish CHoCH happen within the POI). If price continue supply chain until it reach the demand below especially the 15m refined wick, I will be aware to any Long opportunity.