Weekly Outlook - SMC Daily Analysis

2 Jan 2023

Weekly Outlook + Daily Analysis for AUDUSD

Daily Chart

https://s3.tradingview.com/snapshots/4/4cJO6KrN.png


After a reaction from a flip zone on the daily decisional demand we can see that more recent price action caused a daily change of character. At this point, we can start to anticipate the possibility that the higher time frame is going to turn around and continue the swing trend bearish.

4hr Chart

s3.tradingview.com/snapshots/4/4cJO6KrN.png

After a daily bos or change of character we can now expect a retracement to a daily discount level (if not a sweep if the daily high to form a failed higher high on the daily)

We can see that the 4hr is clearly bullish, heading to a deeply discount range, if not to clear the daily high.

15m chart

s3.tradingview.com/snapshots/j/Jzy8h6Eb.png

Here is the general expectational order flow that we can look for trade setups within. We understand "what should happen" while simultaneously trading "what is happening" , in other words lets continue to trade with the 4hr and 15m trends until we get a very clear indication of market reversal.