AUDNZD tapped into the 4H Supply zone I’ve been monitoring for some time. On Friday, we also saw a bearish structure flip on the 15-minute timeframe — a potential signal that price may break the current demand zone and shift structure to the downside.
I didn't take any positions on Friday, but going into this week, my focus will be on the 4H Demand Zone for possible long opportunities. I’ll be watching how price reacts there — if we get bullish confirmation, I’ll consider a long setup.
For now, shorts don’t offer a favorable R:R, so I’ll remain on the sidelines unless demand breaks. If that happens, I’ll take the same approach, watching for clean structure and new entry zones.
Patience until the market reveals what it wants to do next.
I didn't take any positions on Friday, but going into this week, my focus will be on the 4H Demand Zone for possible long opportunities. I’ll be watching how price reacts there — if we get bullish confirmation, I’ll consider a long setup.
For now, shorts don’t offer a favorable R:R, so I’ll remain on the sidelines unless demand breaks. If that happens, I’ll take the same approach, watching for clean structure and new entry zones.
Patience until the market reveals what it wants to do next.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.