I have two different perspectives: a short-term SELL trade for the upcoming week and a long-term BUY.
After a significant break and close of the 0.655 support last week, the next potential level for this pair could be the 0.64 zone. This area marks the untested Weekly DEMAND/BUY zone that was established last year, following a rapid drop to the MONTHLY DEMAND/BUY...
AUD Weakness will be Over in Near Future.
Bullish Momentum will resume near 0.65000-0.66000 Area.
Wait for Price Action to Confirm Bulls Entry in Order Block Zone.
Forex is only Suitable for those People Who Understand, and are Willing to Take on, the Financial and other Risks involved.
Please Ensure You fully Understand the Risks and Carefully Consider your...
This chart relates to the video idea linked below.
Entry: At market.
Stop Level: .68725
Target 1: .80 Cents.
Target 2: .90 Cents.
Target 3: 1.00 Dollar.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the...
The corrective idea from the previous video has flown out the window with a break of the highs.
I see prices moving higher from this point. I believe Wave 3 is now playing out.
Whether it can be conceived that the correction was so small for Wave 2 could indicate overall Wave 3 price action.
From here we need to break a couple of levels and then we should see...
Let's scalp on AUDUSD!
Here's my entries:
🔷 Entry: 0.68000
✅ Take Profit: 1.68135
🔻 Stop Loss: 1.67850
This strategy is based on my 123 pattern retracement strategy!
After the european inflation rate, which scored the highest in its history, the bank of Australia's so-called rate starts tomorrow according to charts and fundamentals, the Australian currency shows the goal of rising.
We are quickly approaching key areas on the AUDUSD with a huge Monthly DEMAND/BUY zone that was created in 2020 after the flash crash at the start of this zone we also have a untested Weekly DEMAND/BUY zone starting around 0.616 this is where i will look to start buying this pair.
I will wait for my indicator to give a BUY signal on daily charts as we enter this...
Hey tradomaniacs,
welcome to another free trading-setup.
AUD/USD: Daytrade-Execution
Market-Buy-Order: 0,76590
Stop-Loss: 0,76400
Point of Risk-Reduction: 0,76770
Take-Profit: 0,76980
Stop-Loss: 19 pips
Risk: 0,5% - 1%
Risk-Reward: 2,20
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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👋 Hello and welcome traders to another trade
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We have a long term buy set up for the AUD/USD.
In this video, we look at how Iron Ore is a key export for Australia and the effect the commodity price has on the AUD/USD exchange rate.
With China's economy expected to grow in 2021, an increase in Australia's key export to the world's second-largest economy should support a continuation of the bullish momentum...
As we can see that on Weekly chart AUDUSD has forming Head & Shoulder Pattern and we can assume that it can reach to it's Right Shoulder as it is taking support on it's trend line.
