AUDUSD - Shorts
C move complete of an ABC move on 4HR TF
Equal measured move.
With trade talks going well expect some dollar strength.
any questions drop me a message or a comment
happy to help
Hope all is well, my second published trade on Tradingview.com (XAUUSD was bang on accurate - this can be found on my story on IG, below)
Taken this short based on a previous closure below the trend, another closure below would be a strong indication of a push lower on AUDUSD.
*Change of momentum in this pair, i will inform whether the 30 pip stop loss...
I previously marked up a bullish opportunity and i have attached the analysis below. Since then, price traded higher and has retraced into what i would see as a flat correction. From this point on, price has the potential to move bearish toward our take profit at 0.70752
The stop loss has been placed at 0.69010 creating an opportunity with a 1:2 risk to reward...
We can see a lovely trend line that has been respected for months, but we can also see a strong Monthly/Weekly support zone that price is currently at.
We are expecting this Trend line to break, we could see a retest of our support zone before this trend line breaks but we reserve this information for our VIP clients.
AUDUSD was travelling following a descending trendline. It broke out above the trend line, came back to retest before making a higher high. This is all confirmation for a long opportunity. A further confirmation is the horizontal resistance zone marked out in a red rectangle that was just broken out of to the upside and retested before going back up.
Price has been ranging in a 70 pips zone for the past 2 weeks, what we have got to keep an eye on is a break out of this zone, if price breaks resistance then a nice bullish run could happen, and if price comes down and breaks support then a lovely bearish run could develop.
At the moment we are leaning towards price respecting this resistance and making a 70 pip...
AUDUSD has been travelling in a descending channel, however it has broken out to the upside. Another few confirmations of a long trade was the Higher High made and the major support zone price just tested and bounced from which caused it to breakout of the channel. Price will now come down to retest the channel, and then make its way up to 0.70100 region.
AUDUSD has broken a major level of support and has already come back up to retest it, however before we think about short trade opportunities price must make a candle close below the yellow rectangle, once we do we will be entering short trades. Price may make a fake out, that's why we are waiting for the candle close below, price may still move upwards, break the...
AUDUSD was following a descending trendline marked out in the thick black line, we recently broke above this trend line and at the same time broke above a major resistannce zone. Price has come back down to retest the channel and the newly made support zone, now price is going to make its way up to the next resistance zone.
AUDUSD took a large market gap this week and it broke below the major support marked out by the pink rectangle. We expect price to come back up to retest this area at the 0.500 - 0.618 retracement level before dropping down to the -0.27 extension level which is where the bottom of the descending channel price is traveling in.
Price is currently at a very strong monthly, weekly, daily and 4H support so we can only see bullish movement from here, This will give you a free 60 pips and will start your weekend off to a flier so you can use the money to p#ss up the wall or spend it on your secret fancy women to stop her running and telling your partner ;p.... Apex FX saving relationship +...
AUDUSD price has been travelling in a horizontal channel and a descending channel, the horizontal channel is marked out in pink rectangles and the descending channel is marked out in blue lines. Price recently dropped rapidly down to the bottom of the horizontal channel and on the daily chart a doji candle has been formed with a green candle next to it indicating...