the detail is shown in the above Idea. I made this Idea based on Candlestick Analysis and Harmonic pattern. Bearish Trend of AUD Continues. AUD buyers try to reverse the AUD trend in region F 0.618-78.6. it is much more probable that AUD Continue bearish trend toward level 1.27
AXY took resistance from the 6M hammer level, now at possible 6M support level , trying to give 12M and 6M levels here along with weekly in comment section
Swing Low After Taking The SSL+The bodies Of The Candles Respacted The Imbalance Area. That's May Send Price More Higher ☝
We see a reversal pattern forming for the australian dollar. The main driver for this is china opening back up trades routes. Australia is a massive coal exporter and its biggest buyer was China who for some time now had not been doing business with Australia however this is now all changing as China look to green light the coal exports again. Not only this but...
for few months, So the strategies are to look for buying opportunities
Bullish Indicators: 1. Daily Higher Highs and Higher Lows. 2. Daily Rising Trend Line Intact. 3. Hourly Higher Highs and Higher Lowers. 4. Support Zone.
Strong significance of Fibonacci retracement support level. Appearance of inverted hammer at bottom. Appearance of green candles after inverted hammer, Bearish Trend line broken. All this indicates bullish trend initiation. Awaiting dow theory validity for trading.
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very strong setup I'm glad share this with you guys... helped by priceaction and RTM & ICT METHODS & ORDERFLOW & SMARTMONEY CONCEPT and S&D METHODS sincerely BEARBOURSE
FX:AUDUSD Hello traders. My eyes this week is on the Aussie's pairs, Why??? Okay, first Aussie dollar index is about to confirm a Head & Shoulders reversal pattern in the daily chart. And what caught my attention, is the beautiful floating Island at the top what tells us to be ready for a trend reversal. Traders, get ready for this move and stay tuned and make...
The Australian Currency Index showing near completion of H&S pattern. We now wait on the neckline test with highly probability towards the downside.
Wait for price breakout support and resistance zone level .
Actually I'm looking for reversal/pullback opportunity for AUDUSD to entry Buy. So, I try to look at AUD Index. Seems like a good support structure with Bullish Engulfing at Lower Candle.
this is my bullish technical idea and price action analyze . now wait for come previews support and resistance zone after trend continue to uptrend you can entry .because overall uptrend .you can see it .however this is my opinion only no more signal
this is my bullish technical idea and price action analyze . now wait for come previews support and resistance zone after trend continue to uptrend you can entry .because overall uptrend .you can see it .however this is my opinion only no more signal