AUD USD TRIANGLE FMFR

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AUD USD TRIANGLE FMFR Australian Dollar / U.S. DollarFOREXCOM:AUDUSDThEDeViL18AUDUSD is currently trading inside a contracting triangle structure, showing signs of compression before the next directional move. Price is approaching a key demand area where liquidity is resting below recent lows. My focus is on a potential liquidity sweep (L-Sweep) into one of the marked demand zones, followed by a strong bullish confirmation pattern such as a bullish engulfing candle, market structure shift, or displacement move. A sweep of the first demand zone could provide the initial bullish reaction. However, if price fails to respect the 1x supply-to-demand reaction level and does not generate a valid bullish setup, I will be looking for price to continue lower into the double supply (2x) demand zone, where a deeper liquidity grab may offer a higher-probability reversal opportunity. Patience is key here—confirmation after the sweep is more important than blindly buying the zone. As long as the bullish pattern forms after the liquidity sweep, the expectation remains for a move back toward the triangle resistance and potentially higher. Until confirmation appears, the market remains in a corrective phase and further downside liquidity hunts cannot be ruled out. Wait for the sweep. Wait for confirmation. If the first demand zone fails to produce a bullish reaction, then the deeper double-supply demand zone becomes the next area of interest.