Price has been showing bearish orderflow until recently, where it broke our strong high with momentum. This thus invalidated the properties of a bearish flow, giving us a shift in market structure from bearish to bullish trend. Price previously left behind a demand zone that it has currently retraced to and mitigated. On lower timeframe, the same case holds as...
After consecutive breaks of weak lower lows with lower highs holding strong, a bearish 4h orderflow was evident. Price has been retracing and retesting supply zones up until the latest break of structure(which was too weak). Price has invalidated our latest supply zone and could be striving to reach for a previously unmitigated extreme supply with a huge imbalance...
Hello There! Welcome to my new analysis about AUDUSD on several timeframe perspectives. The AUDUSD continued with continuational bearish price-action as it pulled back from several levels to continue forming lower lows. Now a major consideration here is if this trend into the bearish direction is holding on and in my chart I detected major signs that such a...
Hey Traders, in today’s trading session we are monitoring AUDUSD for a selling opportunity around 0.64600 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.64600 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.64000 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.64000 support and resistance zone. Trade safe, Joe.
AUDUSD - 24h expiry Short term bias has turned positive. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 20 4hour EMA is at 0.6462. Bespoke support is located at 0.6460. We look to buy dips. We look to Buy at 0.6461 (stop at 0.6441) Our profit targets will be 0.6511 and 0.6531...
AUDUSD - 24H expiry Short term bias has turned positive. Previous resistance at 0.6435 now becomes support. We look to buy dips. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. 50 4hour EMA is at 0.6442. We look to Buy at 0.6438 (stop at 0.6418) Our profit targets will be 0.6488 and 0.6498...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.64700 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.647 support and resistance zone. Trade safe, Joe.
Hey Traders, in today’s trading session we are monitoring AUDUSD for a buying opportunity around 0.64000 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.64000 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.63800 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.63800 support zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66400 zone, AUDUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.66400 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring AUDUSD for a buying opportunity around 0.66200 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66200 support and resistance zone. Trade safe, Joe.
Two positions.. first one is in lower timeframes .. and the second one is in higher timeframes. That's what I'm looking for .. and I'm waiting for confirmation for higher timeframes .. which I like most. PS. Leave your comments and thoughts.
AUDUSD is taking off from a wide horizontal zone of confluence based on a demand cluster and 618 retracement of the last bullish impulse. The price formed a double bottom pattern on that as a confirmation. Goals: 0.68 / 0.683 ❤️Please, support my work with like, thank you!❤️
AUDUSD - 24h expiry We are trading at oversold extremes. A Doji style candle has been posted from the base. A higher correction is expected. Short term bias has turned negative. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. We look to Sell at 0.6790 (stop at 0.6830) Our profit targets will be 0.6690...
AUDUSD is on the 4th red (1d) candle in a row, following the Double Top rejection near Resistance 1 (0.69000). Trading Plan: 1. Sell on the current market price. 2. Sell if a (1d) candle closes under the Rising Support. Targets: 1. 0.66750 (contact with Rising Support). 2. 0.66000 (Support 1). Tips: 1. The RSI (1d), is on the MA trend line. If broken, it will...
AUDUSD - 24h expiry Previous resistance level of 0.6705 broken. Short term bias has turned positive. We are trading at overbought extremes. A lower correction is expected. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. We look to Buy at 0.6625 (stop at 0.6590) Our profit targets will be 0.6715 and 0.6730...
Hey Traders, in tomorrow's trading session we are monitoring AUDUSD for a selling opportunity around 0.66800 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66800 resistance area. I would also keep an eye on RBA rate decision this week, if it's dovish enough that should be a decent...