Ideally, we want a strong wick down into the structure/order block before upside continuation.
I will be placing a buy limit around the region marked.
The sentiment is 50/50 on the direction of this market so we need to play it by ear.
COT - Institutions are fixated on a sell bias and have their sell positions loaded.
Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on AUDUSD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please...
Its great to be back on treading view everyone after a long Christmas break.
Today I am highlighting possible trade ares on AUDUSD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you...
Monitoring to see if this forms a double top indicating possible reversal or if the previous high will be broken to continue higher. DXY will affect this so need to look out for the strength of the dollar in the coming days.
Today I am highlighting possible trade ares on AUDUSD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more...
Would like to see a retracement to areas of 74.00-73500 on the high RSI, before the continuation higher.
*Strong inverted hammer candle after taking out liquidity on daily tf
*Oversold on the RSI at 74.20
*Capital imbalance between wick points 75.195 and 74.848 (short term sell opportunity!)
*General weakness in the US Dollar; investors generally taking on...
Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on AUDUSD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please...
Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on AUDUSD. Last week at some point it did send out a analysis breakdown on this pair expecting the pair to short. We are approaching structure break points keep a close eye on this pair for the swing short.
If you any questions on the pair let me know in the comment...
SHORT AUDUSD @ 0.7250
There is a lot of resistance around this level and we have seen a bounce in the $ index (DXY) at 92.48-50 level. Therefore I expect this pair to turn to the downside.
Short @ 0.7250
TP @ 0.7150
SL @ 0.73
AUDUSD - we saw a test of the lows around 0.70 then bounced back up to 0.7133 . We are fast approaching the 0.7140 downward trend line and sell zone.
We could head past the trend line in the short term with all the current swings we are experiencing and I will therefore sell another clip around 0.7175 if we get there.
However, if we do manage to stay below...
- Dump down to lower supply zone
- Expected rejection at supply zone and pump upwards (multiple previous touches)
- Order set at top of supply zone
- Stop loss set just below supply zone for breathing room
- Target set to demand zone (previous consolidation before the last dump)
- Would also be looking to take out a lot of retailers stop losses at 0.70759
