AUD/CAD H4 Market Analysis

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AUD/CAD H4 Market Analysis Australian Dollar vs. Canadian DollarFX:AUDCADMarketStrategysignalsπŸ“Š AUD/CAD H4 Market Analysis πŸ” 🏦 Smart Money Perspective πŸ”„ Market Structure Price recently formed a ChoCH (Change of Character), signaling a shift from bearish momentum to bullish recovery. Strong bullish impulse from support confirms buyers are currently active. However, price is now approaching a significant Order Block (OB) and supply zone. 🚧 Key Resistance Zone πŸ“ 0.9915 – 0.9925 Institutional Order Block. Previous rejection area. Likely liquidity target before a potential reversal. πŸ“ˆ Bullish Scenario βœ… If price breaks and closes above the Order Block: Next target: 0.9940 – 0.9955 resistance zone. Bullish continuation remains valid. πŸ“‰ Bearish Scenario (Higher Probability) ⚠️ Current setup suggests a liquidity grab into the Order Block before rejection. Expected sweep of buy-side liquidity. Potential drop toward the Fair Value Gap (FVG) around 0.9800. Extended target near the lower Order Block (0.9770 – 0.9785). 🎯 Trading Bias πŸ”΄ Bearish after mitigation of the Order Block πŸ“Œ Wait for bearish confirmation/rejection candles inside the highlighted supply zone before entering shorts. πŸ’‘ Conclusion πŸš€ Short-term: Bullish retracement into liquidity. 🐻 Mid-term: Bearish reversal expected from the Order Block. 🎯 Main downside targets: 0.9800 β†’ 0.9780 β†’ 0.9760. Overall Bias: πŸ”΄ SELL THE RALLY πŸ“‰πŸ’°