After two retrenchments among two vertical channels, price will swing higher and higher to test 0.72000 as a fundamental level, this reversal based on double bottom that took placed around 0.68250
Hello Traders!
6A (AUDUSD) - The downtrend is confirmed! As we mentioned earlier, If the price break throw 0.68899 - downward tendency will continue! (EWA/EWP) Main target 0.65956.
Sincerely yours, Powerful Traders!
Hello traders!
As I mentioned in a few words about this big gartley yesterday on FX:AUDUSD in my idea, today it is going to be completed and get ready to go short. Our targets are located on very nice key levels and stops should go above the X leg 0.7077.
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Avto_T
Financial Analyst
www.rcpforex.com
Waiting for price confirmation within either 1hr demand zone that has recently formed on the AUDUSD.
Break of a 1hr trend line added confluence and short term correction may be taking place.
Looking for price to bounce and re-test the supply zone at 0.70784.
Hello traders!
There is a very interesting formation on FX:AUDUSD , that indicates that the bear market is going to the end and its time for bulls. As we see there is a nice bullish gartley @ 0.6945 and a good opportunity to buy. In addition very nice structure level @0.6936 is supporting the bulls. if you look left you see that currently the price is at the...
Looking on the daily time frame we can see there is a clear trend line. After waiting a while for price action to come down I now think its time to go long. I'm going to hold my position until the .7500 level. There I think we will see some resistance and a pull back. Setting stop loss around .7050 area.
Signal service is available. Let me know! Thanks
FX:AUDUSD
Previous published idea:
CYPHER:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD
Safe Trades;
Wave Count Calls for another leg up.
All the charts I've posted over the past week are fundamentally driven.. I'm bearish the Dollar on the expectation of year end profit taking and post rate hike liquidation.
Pair is trading within an up channel, currently pulling back in wave b of wave (c). 38.2% Fib is showing a bullish engulfing candle signalling reversal potential
Audusd heavely fall and then take support on phycological level 0.7000 here it is making HH HL
broken Inner Trend Line so i am long on this trade For a while
Looking like AUDUSD will continue higher after the short attack. Might see this back up in the .72-.75 range going into 2016 if all is good. Lets see if it stays true to the overall trend!
There is a very nice potential rally on FX:AUDUSD .
As we see price has broken a bearish trend @0.7021, then made a pullback, then tested the high @0.7040 and now is ranging in ascending triangle. If the price breaks the triangle and makes HHHC, then we are in a bullish market.
Our potential target is next structure @0.7096 with the confluence of 1.618 fibs...
FX:AUDUSD
BEARISH GARTLEY
Point B:
61.8% can not touch 78.6% XA
Point C:
38.2% to 88.6% AB
Point D: (EVENTUAL SELL OPTION)
78.6% XA
127% ext AB
Targets:
TP1 38.2% AD
TP2 61.8% AD
BULLISH CRAB
Point B:
38.2% to 61.8% XA
Point C:
38.2% to 88.6% AB
Point D: (EVENTUAL BUY OPTION)
161% ext XA
224% to 316% ext AB
Targets:
TP1 61.8% CD
TP2 127% CD
Check...
Here we got the infamous Bat pattern that gives us that good R:R we loves so much to get the week started. The setup appeared after we got a good cluster of double / triple bottoms to make a "floor" or a support area where we can put our stop behind to give os some protection. Bear in mind this is a very counter trend trade, but its also a high reward one!
On...
