EMANSLEYFX TOPDOWN ANALYSIS

THIS IS EMASLEY FX TOPDOWND ANALYSIS ON AUDUSD COMING FIRST WEEK OF JUNE AND BEYOUND.

IN THE DAILY TIME FRAME, WE SEE AUDUSD MAKING A HIGHER HIGH AND LOWER HIGH IN ITS DIRECTIONAL MOVEMENT.IN APRIL, THERE WAS A FAIR VALUE GAP THAT ALSO SERVE AS A SUPORT LEVEL THAT HAS NOT YET MITIGATED ,HENCE THERE IS A LOT OF LIQUIDITY SITTING AT THAT LEVEL THAT NEEDS TOP BE EXPLOITED.

IN THE 4HR TIME FRAME, THE GAP WHICH IS FAIR VALUE GAP THAT WAS CREATED IN THE MONTH OF APRIL GIVES A VIVID AND DIRECTIONAL MOVEMENT AS TO WHERE THE MARKET WILL SHOW UP IN THE NEXT FEW WEEKS.

IN THE 1HR TIMEFRAME ,THERE IS A BEARISH FVG TO BE MITIGATED FOR THE SHORT PERIOD BEFORE THE DIRECTIONAL MOVEMENT TOWARDS THE BULLISH FVG IS MITIGATED AND THEN PUSH THE MARKET UPWARDS SHORTLY AND DESCEND TO MAKE A FINAL TOUCH CREATED IN THE MONTH OF APRIL AND HAVING GRAB ALL THE AVAILABLE LIQUIDITY, THE BULLS PUSH THE PRICE ONCE MORE HIGH TO ITS ACTUAL DIRECTION TO REFLECT THE DAILY TIME FRAME DIRECTIONAL MOVEMENT.