AceTradingAcademy

AceTradingAcademy

AUDUSD is currently in a bearish flag pattern. It has now broken out of the ascending channel and has retested it and broke structure going downward. We can continue to see it pushing downward towards .71000. Ace Trading Academy Like, Follow and Comment Updated Ideas Will Be Posted

AceTradingAcademy Updated 

AUDUSD is currently at a deciding point. The price has been bouncing from the .72000 to .73000 major points. It has recently pushed down from the .73000 back to .72000 and is now rising back towards .73000. As of right now we want to see an hourly candle close above the support zone and show confirmation towards the upside. Shown on the chart there is a 1 hour...

AceTradingAcademy

AUDUSD has been bouncing between a support and resistance zone which is marked on the chart in the consolidation box drawn. We want to see AU break through the .72222 zone before entering any buys with a break and a retest. As of right now I wouldn't recommend trading inside of the zone wait for a break of either the top light blue zone or a break of the golden...

13:41

AceTradingAcademy

Watch this video! This video has everything you need to trade AUDUSD successfully this week. Video explains a top down analysis monthly to 1 Hour with all the trading zones, patterns and tools to use. This is a trading plan so use this video to your advantage throughout this week! Daily - Purple 4 Hour - Light Blue 1 Hour - Gold Like, Comment and Follow Ace...

AceTradingAcademy

Currently on AUDUSD the 30 minute time frame is forming a shoulder head shoulder formation. How to trade this pattern is you wait for a break of the neckline which is the bottom line there and is labeled on the chart. Once the chart breaks and theres a candle close you can either enter there or wait for a retest of the neckline then enter off of that. Once it...

AceTradingAcademy

AUDUSD has pushed up from the support line I have drawn and said in my last post. Currently AUDUSD is making higher highs and higher lows so be watching for that pattern. AUDUSD is currently inside of a channel. Trade inside off this channel until you see a break of it. Expect it to touch the top of this channel then push down off of it. Once theres a break be...

AceTradingAcademy

Currently AUDUSD is pushing downward and we want to see AU atleast push down to the support line drawn out on the chart. At the point we will make another decision to see whether price will bounce off of the support going back up or push through the support line. If it pushes through the support line going down look for it to complete its whole move and push down...

AceTradingAcademy

GBPJPY has broke below the 156.641 line posted in my recent GJ analysis. Look for sells down the the resistance box. At the box be patient and see what the markets next decision is. If it pushes lower be looking for it to go to the next resistance zone.

AceTradingAcademy Updated 

AUDUSD had bounced down from the resistance zone and is now heading lower. Could enter now or wait for a break of the .71500 zone and wait for a close of the candle. If it doesn't break the .71500 line and retest back up to the resistance point be patient and wait to see if it bounces off the resistance point once more. Once the candle closes below the line which...

AceTradingAcademy

GBPJPY has currently bounced off of the .5 fib to push lower. We want to see GJ push down to the support box below. Confirmation that it is pushing is a candle close below 156.641 which is marked on the chart. Like, Follow and Comment Will have updated moves when the time is right!

AceTradingAcademy

AUDUSD is current pulling back from its long push down. We want to see AUD push up to the Support/Resistance box around .71800 and make our decision there. Currently we will be using the box as a resistance box but if the market pushes through the box use the fib to see the possible retracements it could push down off of. If it doesn't push through the box and...

AceTradingAcademy

AUDUSD has broke below and uptrend line and retested back to that same trend line and has bounced up and hit the resistance zone and is now bouncing back down to hit the support zone box it was at. Could enter for a sell now or wait for a break of the bottom zone which is the recent support zone box and for candle close. Once bottom zone gets broke make you could...

AceTradingAcademy

Right now AUDUSD is at a strong support/resistance but didn't break through it. It has bounced up off the support zone so we can see it retesting to the previous resistance zone seen in the box. Don't trade inside the zone unless you want to catch the retest to the previous resistance box. Overall downtrend so we are looking for sells currently but wait for the...

AceTradingAcademy

AUDUSD has pushed down to the next support. We will wait for a break and close of the support to enter a sell. Overall bearish market so will be looking for sells. Could draw fib tool to get more accurate picture of the retest that going to happen from the support zone.

AceTradingAcademy

AUDUSD is at a strong support but with the break of the support we want to see a push down to the next level below. Once it hits that area I will have another updated analysis. AUDUSD is bearish right now though. Like and Follow to stay updated!

06:25

AceTradingAcademy

General Analysis for AUDUSD overall from top down for the upcoming weeks. Right now we can see a small buy opportunity as explained in the video. But the weekly is looking like a sell as it rest on the .5 on the fib. Will give updated analysis as the week goes on!

AceTradingAcademy

Inside of a trading zone between the two boxes. Do not trade in between the boxes wait until a break. If it breaks above the top box wait for a candle close and prepare for a buy. If closes above it would complete a W pattern. If breaks below the bottom box then let it break and wait for a retest. It is at a strong support zone right now and could push up off of...

AceTradingAcademy

AUDUSD is currently in a trading zone touching the top and bottom lines. Trade the lows and highs inside the zone until it break on direction. Currently looking Bullish.