AUDUSD wait for retest then sell multiple tp perhaps the price drops even lower but this analysis tends not to take risks
The audusd pair creates a resistance level at 0.66500. The market touched this zone three times.This resistance is very important because last three to four times price stop it's bullish momentum and moved down side towards the support area. if the market holds this resistance level then the market again goes to downward levels.
It is expected that the price will change the trend in the range of the support trend line and we will see the beginning of the upward trend. If the price crosses the support trend line, it will be possible to continue the corrective trend up to the support range
We will wait for the Breakout of Head & Shoulder at 0.66440. Sellers will remain in control after the price crosses down the neckline support. Before forming Head & Shoulder, we have observed Bearish Divergence.
Note: Note that the Head and Shoulder neckline have be broken and price formed 3 Bar coil above the neckline. 2HR: The same daily partten structure still on play, currently forming the right shoulder, expecting today to close bearish hence bullish candle to form as right shoulder... Possible buy tomorrow turtle soup, and add breakout of 2hr Head and shoulder
AUD/USD is falling towards a support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6644 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 0.6594 Why we like it: There is a pullback support level which lines...
Good weekend, guys 1. Direction: sanguine 2. Reasons: 1. Prices have hit a recent high 2. Huge upward displacement 3. Prices are shifting from ERL to IRL Daily newspaper: 1. Direction: sanguine 2. Reasons: 1. Prices respect daily FVG 2. The upward displacement is good 3. Prices are moving to FVG weekly 4 h: 1. Direction: sanguine 2. Reasons: 1. The upward...
we are currently in a place where price will decide how it will move for the next few weeks I'm only looking for a doble top sell off here offering strict 2:1
Trend is Making Higher High and Higher Low Trend is follow the ascending Channel Now Trend is at Fib level 0.5 and Taking Retracement from there . there is 50 ema Is supporting the Trend Best area to Buy from There . Stop loss set according to your Risk Reward Ratio or Follow the Mention Risk to Reward ratio
Hello, Friends! I hope you have a good day today. AUDUSD arrives at resistance strong zone. RSI bearish divergence has emerged and will be making adjustments soon. The adjustments will be made in my view like this, but I hope you'll be CAREFUL because chart can raise and lower again with a small wave. If it dosen't adjust from the current position, It'll...
Hello traders, FX:AUDUSD I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Thank you for considering my analysis and perspective. Good luck
Take 4 Increase Lot size to 4 Technically lost the 3rd trade AUD keeps pushing up But I believe they are just taking out Liquidity to head lower. USD still Fundamentally Stronger than Ozzie 20 v's -11 Expecting Higher CPi numbers coming in for April has been trending up MOM since June last year so not under control yet. Means Interest rates stay...
Base on Higher TF, the market is bullish. There's a break of the weekly structure and the market is currently in a correction phase. We could probably see buyers showing interest at the current price range. Let's see how this will play out. Feel free to share your views.
Somewhere between 0.6400 and 0.6900, there is the possibility of a Symmetrical Triangle pattern forming. This consolidation will lead to a significant breakout, which could be in either direction with this pattern. The nature of this pattern negates the usefulness of trend and momentum as indicators. The best way to negate this pattern would be for AUDUSD to...
Hello,Friends! Previous week’s green candle means that for us the AUD/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.663. ✅LIKE AND COMMENT MY IDEAS✅
Massive inverted HS building up to break out the triangle. Aussie is correlated to Gold, and the US Dollar will suffer from the monetary policies of the FED. This trade is not for everyone. If you are a day trader probably it will be frustrating for you. It could take months to play out. Open a long position and add at every pull back. We will have a fight at the...