This pair is still in a down trend and still looks bearish on how the previous 4h candles closed. in order to look for the sell I would be looking for a break below structure with a bearish 4h close below the yellow and blue line. Which would be the ideal scenario there is very strong daily support so a pull back and a rejection with a bullish engulfing 1h / 4h...
Price is still on a down trend even with the bullish momentum, but before I will take the sell I am looking for either a break back into structure then a bearish engulfing perhaps on a smaller time frame if the 4h closes bearish
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
buy at 1.4900 and take profit minimum 1.5000
<RSI 4H IS AT 4 YES AT " 4 "
REALLY AMAZING USUALLY IN RISK OFF EUR AUD UP AND THIS TIEL HE DOIWN AS HELL WHILE IN REAL EUROPE WILL NTO BE UCH IMPACTED FROM THE WAR
aud and nzd overvazlued due to commodities sky rockettingg
anyway i expect a 100 pips pullback minimum purely technical
no stop losss as i have big...
Although we saw rejections at this level, AU finally pushed above breaking the level.
Now, we could see some exhaustion before another impulsive move to the upside.
If this sets up, targets would remain at the last 4-hour level at 0.74200.
I am looking forward to the crazy volatility that will present itself with the NFP data today.
We will need to wipe out the morning sellers and the last bunch holding on before we target some of the lower liquidity holding below at previous levels.
Hello Dear Traders, here is the full UPDATED Analysis / Breakdown for AUDUSD .
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Conditions -
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
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Yesterday I posted a chart on gold indicating important levels and showing that there is weekly resistance here. As well with this yesterday in the chat room I told everyone to go long gold to 1550 no one believed me but I made crazy money. This market is very predictable just follow the liquidity I could do this all day.
Price Action: Inverse Head and Shoulders D1(re-tested) - Inverse Head and Shoulders W1
Supply and Demand
W1: Demand Zone 0.705 - 0.712 (re-tested)
W1: Supply Zone 0.717 - 0.73
W1: Supply Zone 0.755 - 0.768
D1: Supply Zone 0.722 - 0.73
D1: Demand Zone 0.71 - 0.712 (re-tested)
Forecast: Demand Zone (D1-W1) Re-Tested and Inverse Head and Shoulders...
