I expect a downward correction anytime soon from the current price region
Price level managed to reach 361.8% level. I am expecting resistance level @0.6828 to hold. As of now, I am seeing a retracement opportunity to the support level @0.6782. A rejection or a breakout from there will determine the direction for this pair. A rejection off this support level will show us a BULLISH continuation to test 461.8% level while a breakout could...
Price may go upto resistance (upper red line) then break the resistance and go up higher till the reward price or will RETEST back to the support zone(lower red line). Good luck following this pair :)
AUD - BEARISH 1️⃣ Heightened US-China tensions hit risk sentiment, following news that President Donald Trump is set to add around 80 more Chinese companies and their affiliates to the Commerce Department’s Entity List. 2️⃣ Market participants also digested news that the US FDA is expected to grant emergency use authorization for Moderna's virus vaccine on Friday...
This is AUDCHF for a short. China and Australian trade war brought fear to Australian market. What we know is that China put tarrif on australian wines, bailey and stop delivery from theor shore of beef and Coal. This action brought the Iron Ore price higher and China. However Iron ore price cannot go up more and more as the demand will surely fall. therefore...
Overall view, Bearish. Looking at Weekly, Daily and 4H, all our Higher Time Frame (HTF) are forming an LH, for now. Keeping an eye on this major resistance levels. Once we see more Bearish elements and rejections on HTF then will update an analysis here on Lower Time Frame (LTF) and look for an Sell setup. Follow us for Daily analysis and setups.
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Welcome to our weekly trade setup ( AUDCHF )! - 1 HOUR Bearish turnaround after closing above main sr level. 4 HOUR Very bullish market structure and price action.. DAILY Expecting another push to previous highs and resistance level! - FOREX SWING BUY AUDCHF ENTRY LEVEL @ 0.90230 SL @ 0.90760 TP @ 0.89470 Max Risk. 0.5% - 1%! (Remember to add a few pips to...
Decided to take the wave analyzer sell entry confirmation/signal after marking up the chart for support and resistance. Will be monitoring the 20 EMA throughout the day to trail my stop loss. If anyone has any questions about the entry and exit indicators feel free to direct message me.
Wait for break and retest before you jump in