Monitor price action for short setups at the zone
AUDUSD If we observed closely the Volume profile if the price broke below of upper side of POINT OF CONTROL its tend to move on the upper hand side either bullish/bearish. After reaching the 0.74000 key psychological level its got some major rejection and felled below August low and reached 0.70000 key psychological level The negative risk sentiment has...
Audusd needs another leg down to change to uptrend in higher time frames ( needs a higher low at higher time frames) DXY changing trend also proves this Stocks also dropping, AUD will drop with them. Watch lower time frames to add short positions wait for the spike where most sellers will be removed (0.73400/500 area) Good luck everyone
Hi all traders, Hope everyone have a fruitful weekend and enjoy it well. Now for the trade analysis for Audusd and i hope you can score some pips next week on this pair. Thank you! Follow me on tradingview LIke and share this post with your friends Cheers!
Wait for it!! (...sell levels on chart.)
Currently, AUD/USD is trading at 0.7303. The pair is trading in upward resistance and support channel and about to break its entry level. The price is moving towards its support level at 0.7200 and it can rebound back after touching support level. So, it it breaks the entry level at 0.7300, it may continue its down trend and can touch its target price ( support...
In my previous #AUDUSD idea, I told you to buy at 0.7100 level and target the 0.7220 level( idea links attached below). That trade played out perfectly and my TP reached yesterday. AUD/USD has currently pulled back from the resistance level around 0.7230. If price stays below the resistance level, it is possible to see a small correction towards the 0.7130...
Looking to see Aussie reject out of this resistance.
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...
We can see previously when price broke this level it dropped significantly to the highlighted level of support, I expect the same thing to occur I see multiple points of divergence and price had dropped previously only to retest the area I see a flag formation formed as well so once thats broken... BOOM big sell Getting in this later with the following...
Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, (...) Thank you and Happy Trading.
Notice a pattern?? ;) Sell once support has been broken to the green area AUDUSD - SELL SL - 0.69323 TP - 0.64841
AUDUSD was bullish due to pressured dollar index anyway dollar is hsowing some short term strength.so we can expect some more down side in AU
AUDUSD BEARISH Please leave a follow and like if you find it useful and I will keep posting for you guys!
Monthly and Weekly timeframes has a Bull Support for this pair. Price now at 0.64409 through 0.64714, a Buy-Zone on 4Hr. Decline of index will be result of AUD getting weaker (or gaining of USD). Today 10:00EST has High-Impact on USD News. Note: Idea is to complement your research. Check comments section for future updates on idea. Follow through with...