On AUDUSD i expect a return to OB created yesterday for another expansion higher.
After that fake break out @ 0.71443 market failed to break the resistant level , we should be looking for a retest at the support level @ 0.70643 market might bounce to the up side if this level holds 0.70860 though its not a major support the was some resistant before.
AUDUSD reached a key daily structure resistance. The price formed a triple top pattern on that on 1H time frame and has just broken its neckline. I think that the market will retrace from the underlined area. Goals: 0.7096 / 0.7059 ❤️Please, support my work with like, thank you!❤️
New wave under formation. ABC correction will follow soon. Trade the third wave.
when support broke and market confirm Resistance then we see confirmation and enter in sell trade
AUDUSD has been trading in rising wedge. The price is printing higher highs and higher lows. The price is currently trading at upper boundary of wedge. There is a confluence point having horizontal resistance too. It is trading at an important zone. The bears will get control in this zone. Manage your levels accordingly.
Trying to sell AUDUSD. Please keep R&MM if trading. Good luck to us.
In the previous analysis, the expected ranges worked very accurately and we obtained the first target in the decreasing scenario by forming a divergence in the range of 0.70484, then 2 ranges of 0.70484 and 0.70588 are strong support to obtain ascending targets in the ranges of 0. 71159 and 0.71306. The 2 scenarios we expected easily covered each other. Now, in...
AUDUSD (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently...
Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud. There is an ascending channel that adds confluence to my bias. looking for buy entry at 0.70832, take profit at 0.75361 and stop loss at 0.68109. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage...
Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 0.71235, where the overlap support is. Stop loss will be at 0.70487, where the support is. Take profit will be at 0.72656, where the 78.6% Fibonacci line is on the daily chart . Any...
Check out my previous post "Breaking Down The FX Market: What You Need To Know" for a comprehensive video analysis. The AUDUSD has been in a bit of a tricky situation lately, as price has broken a key level and made a lower low. This has traders wondering where the pair may be headed next. However, before jumping in, it's important to wait for a pullback and not...
You can see at the chart that the the traders are trying to push the price at 0.71040 resistance and the possible trend could be bearish if the price hit in that resistance price point. If this trend becomes bearish, the possible target price could be at three level price according to the Fibonacci retracement, It could be at 0.67730 at 0.382 Fibonacci...
AUDUSD has recently reached a new high and has formed a double top formation on the daily candle. Based on historical patterns, we can expect it to retest the 0.696 area at a minimum.
My next move on AU is at the end of the video ! This is just a quick breakdown on the long I sent out to the group and why I decided to go long! Clean rr as always. simple break and retests ! I'm repeating the same steps over and over again ! Become a robot and you'll be fine lol Let me know what you think!
• If price impulses down, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I...
Long AUDUSD On H4 then a potential Bearish, Use a tight SL And Lock Profits on a Trendline.
audusd may pullback to that discount area before a push up to continue its momentum