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...
For quite some time AUDUSD has been travelling in a horizontal channel. It has been bouncing up and down in between the zones marked out above. Price has started making some higher highs, meaning that we could be seeing a rally to the top of the channel. We expect price to come backdown to test the black trend line marked out above before making it's rally up.
AUDUSD has been travelling in a horizontal channel for quite some time now. we recently saw price plummet to the bottom of the channel, however we have now seen price climb up and also break a descending trendline to the upside, our final target for this long trade is the top of the channel as shown on the chart above.
enjoy your profits on this trade !!!!
We are expecting a retest of our support area ( green box ) before price moves bullish.
USD has shown some good strength today, this is why we can see price pushing lower before the bulls take over and push price higher.
Trading is bulls#it, it is so simple but there are so many people or so called gurus that try to complicate it just to make you buy there...
AUDUSD has been travelling in a slight ascending channel, shown more on this idea
Price broke out of the channel to the downside, we have literally just seen a retracement back up to retest the channel and now we could make some moves down...
AUDUSD Price has been travelling in a triangle as shown above, however we have just seen a breakout to the downside. Price has already made its way back up to retest the triangle and now we are expecting some short opportunites.
Price has also been travelling in a horizontal channel and price ATM is in the rather large support zone of this channel,...
Price is respecting a lovely trend line TL, and price isn't far away from key support but with the current weakness with AUD we are expecting price to push its way through this strong support and although the USD isn't that strong at the moment we feel it is still too strong for AUD.
So if we get a break of support then SHORT the hell out of it as it could drop a...
AUD USD, Thanks to Trump, for giving a great opportunity for a long.
A retest of the Trend line
Retest of 0.71550
61.8% FIB aligned with 0.71550 and the trend line. Increase the success probability of the set up
I hope this trade help you guys.
All of the best