Looking for a sell on AUDUSD. As NFP has ended last week we saw strength on the dollar. Im looking for continued strength which makes AUD fall against the dollar.
AUDNZD has a strong bounced from weekly support. If this instrument changes its trend, it should come for a test of the neck line of the double bottom formation.
The possible buy zone is shown on the image
Hi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. 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 my next analysis.
Also let me know your thought in the comment section what you...
Overall view is Bullish on a long term Basis.
Weekly is bullish and so is 4H, But Daily preventing us to take a buy yet.
Weekly closing the last candle with a bullish engulfing confirming the sign of buyers entering.
Daily structure is yet against our weekly bias since we are at LH but daily haven't build of any bearish signs for now which is good for our...
- Rejected on Monthly trendline
- Double top formation of weekly TF
- H&S in lower TF
- broken of neckline of H&S
- Retesting of broken H&S
- Broken daily structure & retesting
Technical Analisys :
PATTERN : ASCENDING RISING WEDGE TRIANGLE
" When the price falldown Outside the track , it will back again to the track pattern
: Price on the track : ( 1800 - 1763 )
Price on the track : ( 1763 - 1735 )
Buy Limit : 1771.505
Buy Potition : 1757.636
Price just break the bullish trend line. wait for the retest or look for a any corrective move to the upside to go short .
Good luck to you.
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Hello friends ,
Eurgby is correcting to a flat formation , watch price action at 0.8860 for short position . trade with proper risk management .
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