Price will retest the previous low to create a double bottom for a buy opportunity
Hey traders here we share the next week forex forecast. see the full video and comment here your opinion. by the we my English fluency is not good sorry for that.
Looks like price respected our supply zone. With a huge imbalance below + a fresh demand (daily) we are likely to witness a bearish week for the Australian dollar (which is to be decided further by CPI data release on Wed 15th)
Remember I shared a setup earlier this week of Australian dollar supply zone? So price respected the supply on friday and caused change of character during New york session. We have internal liquidity of equal highs below supply zone. Which increases our chances of being in the right side of the market. We have CPI release next Wednesday. 🤝 Goodluck
Good weekend guys, we made a huge profit last week, if your current account is in the red, or you are a new trader, you can contact me, no matter how much money you have, I can help you!
Dear friends, Cup and handle patterns observed in AUDUSD. The bullish pattern is highly likely to continue. Watch for strong action at current buying levels. Good luck! This is a good opportunity to buy the Australian dollar against the US dollar
AUDUSD Outlook Analysis Week - 6 May 2024 Daily - Range / Bullish Cloud (D) - Above Cloud Weekly - Range Cloud (W) - Within Cloud Mid Term - Range 20 x 50 D SMA - Below 50 x 200 D SMA - Above Notes: RBA Jan 24 - AUD FAIR VALUE ~ 0.6800 ______________________________ Trade Identification Area of Interest Buy @ 0.6500-0.6550 TP @ 0.6650-0.6750 SL @...
YEH there is going to be a short it's basic supply and demand I am not gonna explain it. If you want to learn DM me :)
My chart is self-explanatory. I will be taking a trade as soon as market stabilizes on Monday, perhaps you will give this some thought too. Being prepared for the unexpected is always good in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even...
Hello I hope you've made money on the trades posted this week. I am looking at this trade for today into next week. * Running flat (three corrective structure) formed * ORDER BLOCK has been taken out * MACD divergence * Gap at 0.68176
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
#AUDUSD - H1 📣 Upon reviewing the 1-hour timeframe, with the breakout of the uptrend at 0.6586, we can be optimistic about a price decline towards the 0.6540 range. ⛔ Stop Loss: 0.6610 On the other hand, with a breakout above the 0.6610 range, we can be optimistic about price growth towards the 0.6670 range. ⛔ Stop Loss: 0.6586
"Hey folks, let's dive into the next trade idea. Looking ahead to next week, I'm seeing some promising signs for AUD/USD. With solid buying pressure at the end of this week and considering the latest news data, it looks like AUD/USD might be gearing up for a bullish run. Plus, with the factors at play, especially with the Fed's stance, I'm anticipating a potential...
Welcome back! Let me know your thoughts in the comments! ** AUDUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
An example of using the Pineconnector RSI Strategy on AUDUSD
AUD USD making Harmonics reversal chart pattern at 1h timeframe If we get entry at 0.66092 we can make some good profit