AUDJPY Market Forecast – Level 3 Completion & Potential Reset

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This chart illustrates a classic Market Maker 3-Level Rise Pattern:

  • Level 1: Initiated after a consolidation phase, marked by a clear shift in structure.

  • Level 2: Continued bullish expansion with stronger impulsive candles.

  • Level 3: Price reaches an overextended zone with signs of slowing momentum, indicating a potential distribution or retracement phase.


Key Forecast:
A retracement is expected toward the 93.297 zone, which aligns with:

  • Possible reaccumulating point before continuation


This move may serve as a manipulation trap to grab liquidity below recent lows before pushing higher. If price reacts strongly at 93.297 with bullish structure, a long setup targeting new highs (~94.40+) is favored.

Penafian

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