Keep your eye on this trendline. AUDUSD has experienced a three-leg rise, forming an ascending trendline. A break of this trendline could be a good sign for sellers to achieve significant gains, potentially pushing the price down to the last pivot support zone. Watch for confirmation of this break to identify potential entry points for short positions.
Audusd change it direction on the weekly time frame but from 1 day to 30 minutes is on a uptrend so we have to follow de bullish trend on the daily so price broke out from the respected zone we wait for price to push back then we enter after a reversal candle stick
Falling Wedge Summary A falling wedge is a bullish chart pattern indicating a potential reversal from a downtrend to an uptrend. Characteristics: Shape**: Two downward-sloping, converging trend lines. Volume**: Decreases during pattern formation. Breakout**: Confirmed when price breaks above the upper trend line, ideally with increased volume. Types: Reversal...
AUDUSD wait for retest then sell multiple tp perhaps the price drops even lower but this analysis tends not to take risks
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
Buying AUDUSD at demand, slightly late entry, should have entered last night. Looking for price to make it to the supply above.
As AUDUSD passed above 0.6700 in price, we are seeing consolidation now that could result into making a buy for the pair. This may take time to see price returns above 0.6700 depending on USD Unemployment news hits today. It will allow confirmation that price has broken resistance. TP: 0.6720 or above
The price perfectly fulfilled my last idea, and it went down to support level and hit the target. FX:AUDUSD has broken through the triangle formation, a classic trend continuation pattern, and it is now making higher highs and higher lows. The market is persistently testing the resistance zone at 0.66500, and I think it's only a matter of time before it's...
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
Using MA20/50 to evaluate direction Monthly is bearish Weekly is still bearish though catching up Big D1 candle down
Similar approach to NZD, although i consider AUD to e weaker than NZD. Both currencies are still bullish with seasonality.
1. AUDUSD broken below the consolidation. 2.If both the support and 200 EMA crossed over then we can take an Entry from the retest.
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
We are planning to enter a long position on AUD/USD at 0.66, which aligns with yesterday's lows and represents a strong support level. Technical Indicators: The medium-term bias remains bullish, but the hourly chart suggests further downside potential before the uptrend resumes. This provides an opportunity to enter at a more favorable risk/reward level. Key...
Hello I hope you've made money on the trades posted this week. I am looking at this trade for today into next week. * Running flat (three corrective structure) formed * ORDER BLOCK has been taken out * MACD divergence * Gap at 0.68176