AUDUSD outlook

Looking at the chart, our last recent structure for the bearish leg is broken. The retracement/correction move should resume on AUDUSD

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The sells on the primary structure is over, the retracement is likely to resume anything soon. Look out for buys opportunity.

We can clearly see the change of character accompanied with the BOS meaning the direction has changed. It's time to start looking out for buys setups on AUDUSD

AUDUSD didn't retrace deep into the premium of that range. Looking out for more sells to come in

AUDUSD is currently retracing to the premium of the selling range. Look out for buys...

Will AUDUSD break that trend line or it will respect it...

Only one way to find out, let's watch price

AUDUSD- Price is on a bullish pullback to retest the 0.6980 internal resistance price level. the 15mins trend channel (yellow trendline) is it's current trajectory to the internal resistance. If price invalidates the 15mins channel, it still has the 4hr bullish trend to rebound from. the 4hr has to invalidate before we can see a strong bearish move.

AUDUSD orderflow is still bullish, but let's see how this week will play out

AUDUSD- A break below 0.6907, will confirm a bearish bias for me. For now i'm neutral on the internal trend.

True 💯

The reason I'm staying neutral is because today's Monday and price can be tricky on Mondays. You know market is just resuming for the week

Yeah. It will get clearer during the week. AUDUSD- starts the day bullish signifying it's not done with the buys yet.

AUDUSD is buying from a demand and the bullish orderflow continues

I'm Holding onto this bias on AUDUSD. Except CPI data proves otherwise.

CPI has made all USD pairs bullish

Take a look at how price bought all the way up. Price trade into 50% of the fibonacci, i'll start looking out for sells

AUDUSD has traded into premium and it has tapped into the supply marked as a rectangle. I got an entry on the 15 mins to sell

Infact your idea is very cool but let me help clarify something, you are prioritising an old bearish fvg level to a new bullish fvg level, now price is moving in a bullish direction if you want to sell you will wait for price to break below the last bullish level that was created in that particular timeframe, now look at the chart image before you sell 15min should become seriously bearish but have it in mind that 4hrs is very bullish, so if your sells definitely work out fine because you are even trading against the trend, but once price gets to the 4hr bullish fvg close or face the consequence, i would always say priotize first the present trading trend

I get what you're saying

That's very true

You must always follow the dominant trend, like the present story not the previous story

True 💯

I'd always called it the recent structure. In SMC we trade with our most recent structure

Recent structures are what hold price not the previous zones