My analysis for the coming weeks/months for AUD/USD.
Right now, I see max fear in the markets for AUD, overwhelming bearish sentiment & no momentum in big money adding to short positions in recent COT reports.
When profit taking begins on these short positions, you will see huge volatility back to the upside.
When exactly this may occur, is anyone's guess.
The previous monthly candle did not grab liquidity on it's retracement, signalling to me that the major HTF liquidity pull to the downside we've just witnessed, as it does historically, will be met with a similar size pull back the other way.
All major recent HTF lows that may have had long liquidity resting in these regions for both Retail & Institutional money has been absorbed, leading me to believe we're now entering an accumulation phase at these discount prices on AUD/USD.
There's a fair few hints in the candle structure across all timeframes from the 4H, to the Monthly, if you know what to look for.
Best of luck to Longers, and Shorters, like I always say, there is no point in crying or reacting to people with opposing viewpoints, as more likely than not, their analysis has 0 bearing on what your analysis is.
Both sides can make money - relax!
Wishing you all success in these critical times for this pair & the global economy in general.
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Aynı zamanda::
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.