RSI Overbought RSI < 50 Breakout of H4 Support Zone Alternative TP: Next H4 Resistance (119.76)
RSI Oversold + RSI Divergence RSI > 50 Breakout of Psych Level (140.00) Alternative TP: Next H4 Resistance (141.10)
RSI Oversold + RSI Divergence RSI > 50 Breakout of Psych Level Alternative TP: Next H4 Resistance
RSI Oversold + RSI Divergence RSI > 50 Breakout of Daily Resistance Breakout of H4 Trendline Alternative TP: Next H4 Resistance
RSI Oversold + RSI Divergence RSI > 50 Breakout / Pullback to Daily Support Alternative TP: Next H4 Resistance
I prefer to go long on this pair. To do that, I see two options: (1) I'll wait for a bounce in my D/H4 support zone and look for reasons to buy it. (2) I'll wait for the breakout of my TL zone and then look for reasons to buy the pullback.
I prefer to go long on this pair. To do that, I see two options: (1) I'll wait for a bounce in my D/H4 support zone and look for reasons to buy it. (2) I'll wait for the breakout of my TL/H4 resistance zone and then look for reasons to buy the pullback.
After the breakout of the D/H4 resistance zona, the rally may continue. Two options: (1) I'll wait for a retracement back to the support zone (1.5994-1.5895) and look for reasons to buy. (2) I'll wait for the breakout of the trendline & resistance zone (1.6101-1.6071); if it happens, I'll wait for the pullback to this zone and look for reasons to buy.
After the trendline breakout, this one seems ready to go north. (1) The first alternative is to wait for the breakout of the H4 resistance zone (114.24-114.19). If it happens, I'll wait for a pullback to the zone to look for reasons to buy. (2) Another way to play this is to wait for a retracement to the H4 support zone (113.29-113.24). There is an important...
After the breakout of the trendline & H4 resistance zone, this may have a free road through the next resistance. I'll wait for the retracement to the zone (127.79-127.64) and look for reasons to buy. The potential would be great.
This pair may go up a little more. Two options: (1) I'll wait for the retracement to the H4 support zone and look for reasons to buy the bounce. (2) I'll wait for the trendline breakout and look for reasons to buy the continuation.
After the breakout of the Daily/H4 support zone, the downtrend is technically resumed. I'll be waiting for a pullback to this zone (1.5895-1.5994) and then I'll look for reasons to short. My target would be around the 161.8FIB.
Technically, the recent breakout of the D/H4 resistance zone + EMAs may be significant; the USD Index is bouncing from the 99 so it's possible that the AUDUSD could go north a little more. (1) I'll be waiting for a pullback to this zone (0.7635-0.7620) and looking for some reasons to buy; my target would be around the 0.7678-0.7683 zone. Another way to play...