So im looking for another move up. We are holding support at a very important level on the 4H. I see us going up another level to 127 or 161 fib ext.
Intraday traders risk trade here
Fakeout entries and a good pullback to pickup orders between the impulse space is still possible so buyers are watching and sitting at the breakout point.
We have a bullish flat...
This pair has finally found some support before entering into the current consolidation zone price has been stuck in. I am looking for a break and close above the recent price structure resistance we've seen for a chance to get long. Some of this movement may be volatility based with the US news and tariff war going, so we may get a push pretty fast depending on...
Aussie dollar recently broke out of a 2 month long consolidation period and its just warming up on larger scale.
I will be looking to long any retrace back to the blue lines marked which are key Daily S/R levels and short term target would be the red line.
This should be a quick trade as Aussie dollar is not wasting time showing everyone whose the boss!!
4HR
Awaiting a breakout of my box zone
on daily we got a nice bullish engulfing
MA's are slowly forming a crossover
dollar seems weak lets see how far we can go
OANDA:AUDUSD For educational purposes only
AUD/USD is rejecting price at the 50% fibonacci retracement level which is also a very key level of support on the day and week chart (see red line which indicates support level); possible rebound from previous lows to high extending to at least the 127% fib extension level.
SMA50 used to be quite good resistance level earlier, so at that pair I decided not to play from the bottom of channel, but wait a while to see if chart will cross SMA50 and SMA100. If it will happened, I will start opening long positions and keep it to the channel top.
It seems, that weekend american strikes in Syria doesn't affects market that much, but we...
Aud/Usd - Daily chart - I see a strong demand zone below current price for aussie dollar and I've taken a buy trade around 0.77 with stops below 0.7650 and targets of 150-200 pips. This correlates well with dollar weakness and other major fx pairs in buy levels.
Aud/Usd - H4 - Price broke out of consolidation with strong bullish momentum so now I am expecting a classic break/retest/continuation scenario with other price action tools as confirmation.
