HELLO GUYS THIS MY IDEA 💡ABOUT CHFAUD FX_IDC:CHFAUD is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this LONG position.. and when the price breakout this resistance , strong buyers will be push up the market again.. IF you like my work please like and follow thanks
HELLO GUYS THIS MY IDEA 💡ABOUT BRLAUD FX_IDC:BRLAUD is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this LONG position.. and when the price breakout this resistance , strong buyers will be push up the market again.. IF you like my work please like and follow thanks
The GBPAUD pair gave us an excellent buy signal last time we looked at it (see chart below) on May 9: The price remains within the 6 month Channel Up pattern and is currently rising after a Higher Low formation on the 1D MA50 (blue trend-line) early this week. This is a bullish signal, based on which we are targeting the 1.97300 Resistance. That would be a...
Good day, traders. The Australian dollar, which is now in a correction phase, may shortly hit the support and resistance level of 0.680. Right now, the trend is downward. We'll be monitoring AUDUSD during the current trading week and the one after it in case a selling opportunity arises at the 0.680 area.
The AUDNZD pair is consolidating on the 1D MA50 (blue trend-line) for 4 straight 1D candles, having formed a 1D Golden Cross last week. Even though that is a technically bullish formation, as long as it doesn't break above the 1.093250 Symmetrical Resistance, a rejection seems more probable. As long as it holds, we will sell and target the Higher Lows trend-line...
AUDCHF is trading inside a Channel Down pattern for more than one year with the 1D timeframe bearish (RSI = 38.270, MACD = -0.004, ADX = 43.501) as the price is under its middle and the 1D MA50. The 1D MA200 is located exactly on its top. The 1D MACD is in the process of completing a Bullish Cross, which has been a strong buy signal inside this pattern. Even...
AUDUSD is taking off from a wide horizontal zone of confluence based on a demand cluster and 618 retracement of the last bullish impulse. The price formed a double bottom pattern on that as a confirmation. Goals: 0.68 / 0.683 ❤️Please, support my work with like, thank you!❤️
EURAUD has made a Double Bottom on the 1D MA50, keeping the 1D time-frame bullish (RSI = 58.711, MACD = 0.006, ADX = 17.748). This is primarily a bullish signal and as the 1D RSI is forming the same Channel Down which on April 14th kickstarted a strong leg up, we will take a short-term buy position targeting the 1.0 Fibonacci (TP = 1.67850). The extension can...
AUDUSD is on the 4th red (1d) candle in a row, following the Double Top rejection near Resistance 1 (0.69000). Trading Plan: 1. Sell on the current market price. 2. Sell if a (1d) candle closes under the Rising Support. Targets: 1. 0.66750 (contact with Rising Support). 2. 0.66000 (Support 1). Tips: 1. The RSI (1d), is on the MA trend line. If broken, it will...
GBPAUD is trading inside a Channel Up and the recent rejection on its HH trendline has turned the 1D timeframe neutral technically (RSI = 51.719, MACD = 0.007, ADX = 31.058). This is a sell signal which on the short term extends to the 1D MA50 (TP1 = 1.891500). If the price action closes a candle under the 1D MA50 and the HL trendline, we will sell again,...
AUDCHF broke and closed below a major horizontal demand zone on a daily. The broken structure turned into a resistance. The market will most likely keep falling. Next support - 0.575 For entries, consider an occasional retest of a broken structure. ❤️Please, support my work with like, thank you!❤️
AUDNZD is currently forming a Golden Cross on the 1D timeframe, which is technically bullish (RSI = 59.438, MACD = 0.004, ADX = 24.813). The symmetric sequence on the 1D RSI with the February-April phase indicates that the Cross can indeed push the price higher, over Fibonacci 0.618 and then decline to form the Lower Low at the bottom of the long term Channel Up....
EURAUD is testing a horizontal key level. The price formed a double top on that on 4h time frame. To short with a confirmation, wait for a bearish breakout of its neckline. A 4h candle close below 1.6457 will confirm the violation. A bearish continuation will be expected to 1.6415 / 1.6375 levels then. Alternatively, if a price sets a new higher high higher...
Here is my latest structure analysis for AUDUSD. Resistance 1: 0.689 - 0.690 area Support 1: 0.669 - 0.672 area Support 2: 0.659 - 0.660 area Support 3: 0.646 - 0.651 area Consider these structures for pullback/breakout trading this week. ❤️Please, support my work with like, thank you!❤️
It's been 2.5 months since we last traded AUDCAD, when it gave us a sell signal (see chart below) right at the top of its Channel Down for maximum gain: Right now, the pattern is getting wider and its new bearish leg to a new Lower Low may be starting as last Friday's inability to close above the 1D MA200 (orange trend-line) may result in a Lower High...
AUDCAD hit the 1D MA200 yesteday and came just shu off the top of the Channel Down. The 1D timeframe is technically bullish (RSI = 62.944, MACD = 0.002, ADX = 28.766) but the RSI is also near the top of its Rectangle pattern. The previous top coincided with the Channel Down rejection. Consequently we are opening a sell now and target the S1 (TP1 = 0.874500) and...
Hello Traders👋🏻 On The Daily Time Frame The AUDUSD Formed a Falling Wedge Pattern📉 Currently, The Price Broke The Resistance Line of The Wedge So, I Expect a Bullish Move📈 ----------- TARGET: 0.69545🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!