Elliotte wave pattern AUD/USD SELL 0.69100 and identify the next high probability trading (A1 Edge)
📉📈1970 also failed and now the next resistance attack ⚠️ This Analysis will be updated ... 📊 #xauusd ( gold ) 💹 Time Frame : weekly 👤 hosein alizadeh 📅 3/7/22 ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
📉📈 After hitting the trend line, we see the price return Now we have a new support at 1.27200 if scenario 2 happens if it breaks And if the support is not broken, the probability of breaking the trend line and leaving the neutral state is high ⚠️ This Analysis will be updated ... 📊 #USDCAD 💹 Time Frame : 4h 👤 hosein alizadeh 📅 2/23/22 ❤️ If you apperciate my...
-Reasons 1. USD will go up further due to inflation and big interest rate hikes 2. RBA will not raise rates till 2023 as inflation is very low 3. RBA is not happy with wage price index not going up 4. Chinese inflation is declining meaning less buying of Aussie commodities 5. China is controlling iron ore pricing with new structure so they will lower the price...
On the weekly BNB continues it's downtrend. The daily chart looks good but zoom out to the weekly and we see that BNB clearly needs to break out of its resistance to have a chance at a full breakout. It did meet the $401 mark from February 4th when Bulls were buying lower at $350. If the downtrend continue bulls will start buying at $320 and lower instead of $350....
This is a look at AUDUSD, where I'm looking for new entry points. The months of Oct. and Nov. had great movement pushing price pas the neckline of the identified double top, indicating that we should be in a downward trend. Our recent uptrend from Dec. 5th was not a reconstructive move. Expecting price to continue to the .73xxx area before looking for short...
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Wait for retest of structure before going long. Trade with the trend
Just bullish for a a few more hours and then, the pain should once again begin
I would look for rejection from 1.40 level on USDAUD. It means long in AUDUSD. Trading round figures on inverted charts (placing stops beyond round figures and targets a few pips below above round figure) is the way to go. It put odds in your favour, as price always struggles at those levels. Currency markets are driven not as much as by individual banks but by...
Forecast for Monday-Wednesday next week.
AUDUSD - Potential Head & Shoulders Reversal down
OANDA:AUDUSD is currently forming an ascending triangle and we should look out for a breakout soon. Disclaimer: for educational purposes.