AUDUSD formed Bearish Flag 1H-Time
AUDUSD Trade Signal Timeframe: 1H
#Forex #AUDUSD #TechnicalAnalysis #CryptoSignal #TradingOpportunity #Divergence #TradingSignal #TradingwithBelieve #NASDAQ #USTECH
Hey traders! π Let's dive into a potential trading opportunity on the AUDUSD pair using technical analysis. π
π Previously Bearish Trend:
Firstly, on the 1H- timeframe, we've been witnessing a Bearish trend in the AUDUSD pair. π»
π NO Divergence on HH (Higher High):
However, it's crucial to note that recently, we have started to observe a no divergence pattern on the HH (Higher Highβs). This is an important signal that the Bullish momentum might be weakening. ππ
π Trade Opportunity:
Currently, we are looking at a potential trade opportunity with a Bullish bias.
π Entry Price: 0.63846
π― Stop Loss Level: 0.64315
πTP1: 0.63381
πTP2: 0.62919
π° Investment Advice:
Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade.
Happy trading, and may the pips be in your favour! πππ° #HappyTrading #ProfitOpportunity #TradeSmart #CryptoSignal #StockSignal #TradingwithBelieve
#Forex #AUDUSD #TechnicalAnalysis #CryptoSignal #TradingOpportunity #Divergence #TradingSignal #TradingwithBelieve #NASDAQ #USTECH
Hey traders! π Let's dive into a potential trading opportunity on the AUDUSD pair using technical analysis. π
π Previously Bearish Trend:
Firstly, on the 1H- timeframe, we've been witnessing a Bearish trend in the AUDUSD pair. π»
π NO Divergence on HH (Higher High):
However, it's crucial to note that recently, we have started to observe a no divergence pattern on the HH (Higher Highβs). This is an important signal that the Bullish momentum might be weakening. ππ
π Trade Opportunity:
Currently, we are looking at a potential trade opportunity with a Bullish bias.
π Entry Price: 0.63846
π― Stop Loss Level: 0.64315
πTP1: 0.63381
πTP2: 0.62919
π° Investment Advice:
Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade.
Happy trading, and may the pips be in your favour! πππ° #HappyTrading #ProfitOpportunity #TradeSmart #CryptoSignal #StockSignal #TradingwithBelieve
Trade active:
Positive
Trade closed: target reached:
TP1 Hit, Kindly move your Stop Loss on Break even for waiting TP2 hit !