Hi Traders! Our AUDUSD setup earlier this morning hit the resistance target of 0.66653. We now look to have gone back into the range to possibly retest the 0.66423 level as support, if the support holds on the potential retest, then look for further bullish momentum to the upside. We will continue to keep a close eye on this one and will alert you of further...
Hi Traders! We have a possible resistance breakout here for AUDUSD, we have resistance at the 0.66423 level, there is currently a triple top formation around this area and we must see a momentum push and close above this level for a potential bull push further upwards towards the next resistance level at 0.66653. More opportunities and setups to come, we will...
Hi Audusd ready for long position Entry:0.671 SL:0.669 TP:0.68 RR=1:6 Enjoy , Pease Support And Reshare
I think that this currency pair has started a big movement that will be in the form of 5 waves. In my opinion, wave 1 is being completed and will soon enter the corrective phase. The corrective wave that will start soon is wave 2, so consider that the best price to buy is wave 2. Wave 2 itself will be in the form of (ABC), so note that if you use Fibonacci, pay...
Good morning Traders, this pair is an interesting one, Price action is clearly pushing up but I seeing wicks at the tops of the candles indicated by the red arrows, this too me suggests the push up is not sustainable and we may likely see a reversal from a higher level. alternatively we could have some very strong bullish candle closes over the next few hours...
AUDUSD H1 Sell/Short Stop : 1% Profit Targtet : 3.50% < 👍 Recent Successful Trades and Analysis (EURUSD) 👍 (USDJPY) 👍 (BNBUSDT) 👍 (ETHUSDT) 👍 Gold (XAUUSDT) 👍 and more.......
FX:AUDUSD DOWNTREND BREAK, RETEST ON TRENDLINE AND STARTING TO PUSH UP.
Buy above 0.7377. Stop loss at 0.7334. Take profit at 0.7441. Reason for the trading strategy (technically): Price has bounced up and reached our profit target perfectly. We prepare to buy above 0.7377 support (Fibonacci retracement, horizontal overlap support) for a further push up towards 0.7441 resistance (Fibonacci retracement, horizontal pullback...
Buy above 0.7332. Stop loss at 0.7290. Take profit at 0.7426. Reason for the trading strategy (technically): Price has started to bounce up nicely from our buying level. The plan today is to remain bullish above major support at 0.7332 (Fibonacci extension, Elliott wave theory) and we expect a bounce above this level to at least 0.7426 resistance, (Fibonacci...
Unfilled buy orders in this demand zone.
Sell below 0.7589. Stop loss at 0.7622. Take profit at 0.7514. Reason for the trading strategy (technically): Price has shot up perfectly and has reached our profit target. We prepare to sell below 0.7589 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to 0.7514 support (Fibonacci retracement, horizontal overlap...
Buy above 0.7632. Stop loss at 0.7608. Take profit at 0.7683. Reason for the trading strategy (technically): Price has reached our profit target from Thursday. We are now bullish above major support at 0.7632 (Fibonacci retracement, horizontal overlap support) for a push up to at least 0.7683 resistance once again (Fibonacci retracement, Fibonacci extension,...
Buy above 0.7520. Stop loss at 0.7440. Take profit at 0.7730. Reason for the trading strategy: Price dropped perfectly as expected and reached our profit target. We now turn bullish above 0.7520 support (Fibonacci retracement, horizontal overlap support) for a push up to 0.7730 (Fibonacci extension, horizontal swing high resistance). RSI (34) sees long term...
Sell below 0.7605. Stop loss at 0.7650. Take profit at 0.7517. Reason for the trading strategy (technically): We remain bearish for a further drop, looking to sell on strength below 0.7605 resistance (Fibonacci retracement, horizontal pullback resistance) for a further drop to 0.7517 support (Fibonacci retracement, horizontal overlap support). RSI (34) sees...
Sell below 0.7668. Stop loss at 0.7695. Take profit at 0.7603. Reason for the trading strategy (technically): We remain bearish with price having broken our long term ascending support-turned-resistance line triggering a bearish exit to push price down. The goal is to sell below 0.7668 resistance (Fibonacci retracement, bearish pullback resistance, horizontal...
Buy above 0.7668. Stop loss at 0.7646. Take profit at 0.7733. Reason for the trading strategy (technically): We remain bullish above 0.7668 support (long term ascending support, horizontal support, Fibonacci extension) for a further push up to 0.7733 resistance (Fibonacci extension, horizontal resistance). RSI (34) is seeing strong support above the 41% level...
Buy above 0.7655. Stop loss at 0.7603. Take profit at 0.7780. Reason for the trading strategy (technically): We remain bullish above long term support as 0.7655 (Fibonacci retracement, long term ascending support) for a push up to 0.7780 resistance (long term resistance). We watch RSI closely to ensure we are not being faked out by a bearish exit. RSI (34) is...
Buy above 0.7659. Stop loss at 0.7604. Take profit at 0.7780. Reason for the trading strategy (technically): Price is testing major support at 0.7659 (Fibonacci retracement, horizontal overlap support, pullback support, ascending support) where we expect a further push up to 0.7780 resistance (swing high resistance, Fibonacci projection). RSI (34) is seeing...