TensaiTrader

TensaiTrader

Using the previous bounce back in September 1st and had a month of bullish trading, I believe that in the near short term there may be another bounce. The RSI is beginning to show signs of upward strength. Despite this, there is strong bearish pressure as of now. Keeping an eye on this pair.

TensaiTrader

I see a move one last push to the resistance, and forming a correction to hit the .50 fib level.

TensaiTrader

Hello traders! As of now, I am seeing a reversal to the downside because price is at the .618 fib level Looks like RSI is beginning to be oversold. Price must stay below the resistance to confirm bearish reversal. If AUD begins to gain strength I will begin to sell. Trade safe!!

TensaiTrader

Hello everyone, price has hit and bounced at the .618 fib level once again. and has not broken below. Potential reversal if trendline breaks. Trade safe as always!

TensaiTrader

Since price has been failing to break and make new highs I forsee an avalanche. The convincing factor is that there seems to be a clean divergence in the RSI on the daily time frame. Looking for a break to downside. Of course nothing is 100% in forex! trade safe!!

TensaiTrader

If the previous resistance and current down trendline stays unbroken, i see a downtrend continuation.

TensaiTrader

Looks like we are still in an uptrend, price has broken the bottom trendline and reversed. Since there seems to be a bullish divergence. Looking for buy setups. Price is slightly above RSI

TensaiTrader Updated 

After 5 days of just trickling down, price has potential to bounce at the .618 fib level since RSI is at over sold territory. Must make a reversal pattern, correction, and then a break of the next high for an upward move. SL below 149.

TensaiTrader

Today has been a good push up. We are seeing the first higher low. I am seeing a move to the .50 fib retracement, if price makes a reversal pattern then we can see a drop to the support. IIf price breaks above the .50, then we can head to the .618 at 110.

TensaiTrader

I'm looking to see a bullish move if price stays above and closes above the SMA. Price is also sitting near the .50 fib retracement of the previous bullish wave.

TensaiTrader

Hello All and blessed. Since price failed to break the top trendline there can be some downside to 149. Also RSI is not yet oversold, and has not reversed. Price also has to break below the 149 to continue head and shoulders pattern. If there is a break above the top white trendline then we see a big major move up. Note that in weekly time, there is a cup...

TensaiTrader

Hello traders if you like these posts please like and share. Goodluck and trade with wisdom.

TensaiTrader

Hello traders if you like these posts please like and share. Goodluck and trade with wisdom.

TensaiTrader

Hello traders if you like these posts please like and share. If price does not break resistance, looking for sells. Goodluck and trade with wisdom.

TensaiTrader

Hello traders if you like these posts please like and share. After the big drop, price is retracing to .786 fibonnaci, price must hold here for another drop down. Goodluck and trade with wisdom.

TensaiTrader

Hello traders if you like these posts please like and share. Goodluck and trade with wisdom.

TensaiTrader

Hello traders if you like these posts please like and share. Goodluck and trade with wisdom.

TensaiTrader

Hello traders if you like these posts please like and share. We could be at the start of what can be considered a reversal of trend. I have switched to sell biased as of now. Any more upside will hedge shorts while keeping buys. Goodluck and trade with wisdom.