anilmangal
Short

AUDUSD 60 mins sell setup

FX:AUDUSD   Australian Dollar/U.S. Dollar
13587 55 347
Hi Guys, this looks like a nice idea if you believe the AUDUSD             has more downside.
A BIG THANK YOU to all my supporters for your overwhelming support in the two weeks free webinar and your private messages. You Guys are amazing!
I will try my best to do at least one webinar a week.
I have made a decision NOT TO ENGAGE ANYONE in the comments so if you have any questions you know how to find me. Please post your comment on the charts if you agree, if you disagree please post an alternative view (one view).
Comment: If Price is to go higher fro where it is right now, i don't have a buy setup based on strategy, but this up move still looks corrective so i'll be looking for sell setup.
Comment:
snapshot
Comment: Higher correction, this looks like an ending diagonal, if that is so then i will wait for a break down to sell (first sell taken out for BE)
snapshot
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NZD- USD more down begin
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Happy to see u again with new ideas! Keep posting!
Thanks
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strong rallies in aussie dollar since that impulsive move down. this is a classic bull trap..aussie will fall with final election results or yuan devaluation s&p downgrade etc. Too many negatives outthere to justify buying the aussie, but if u wait for a break of that lower trendline, you will miss most of the move. decisions ,decisions
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msabbagh PRO rick.alter.35
same goes for US dollar, a lot of negative news ahead, in my opinion AUD will be stronger than us dollar for the coming week
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Thanks Anil
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Cool - matches my chart I was working on last night. That has made me fell a lot more confident in my wave counting. : ) I feel I am making progress. I am a self taught, and knowing I am thinking similarly to you is a great boost. Good start to my day!!!!!
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top man coming back :)
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Great to see you back Anil
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Thanks Anil, can you please do a gold chart as well as its been pretty hot recently.
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I see it the other way around , break already happened to the upper direction , according to my analysis this will go up more
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dead2live msabbagh
It is something to watch for lest fundamentals move it more bullish, because the weekly is totally bullish and the real channel is very wide. IMO
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msabbagh PRO dead2live
thank you , that is what i am saying
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msabbagh PRO dead2live
i will say if it close below 75201 we can talk a bout bearish , else this is still going up for some time
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dead2live msabbagh
Truth!
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Nice set up, I think it'll take a few days for this to bust out. The 50% Fix Support line has been fairly strong. The RSI and & Stoch say it seem like a good Idea to short it right now, It's also hugging the top wall of the Bollinger, so we can get a bounce in there! I Will set that up with a trailing stop today Thank for the share! upward wedges usually are a bearish trend
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8_bit_coin 8_bit_coin
50% Fib
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good see you back, I have learned a lot from you through your winbar.
my opinion is Au will go up but may have a small consolidation here before next up. will see much higher.
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Thanks Anil, this pair is a must to keep an eye on...
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Good to see you back on the road
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great strategy to not an an answer to negative thinking, and I am much enthusiastic of free weekly webinar, even if I'm in your group, and have access to them daily :)
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Good to see you back, miss your posts.
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Im sorry to say sir you are in for a huge disappointment. There will be a weak counter trend but it's still very much bullish.
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you the man anil!
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Thanks Anil
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This pair is in an uptrend in the above TMs...I won't go short with this! good luck :)
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welcome back Sir Anil and thank you for all you shared with us.
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Now please stay on Top...where you belong.
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Thanks Anil ! but if it breaks the channel to the up side and consolidate, should we look for a buy opportunity to go test the high ( 0.76453)
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A confident trade setup! I believe that this pair will make a new low. Thank Anil!
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Good to have you back. That's an ascending wedge or coreection wave like you call it.I'm anticipating a break above the trend line to hit 0.76 resistance and Maka a double top then reverse downwards to continue downtrend.
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Is amazing
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Awesome bro ..when will be the webinar .
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welcome back HERO
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Where you been anil?
Agree with you on this pairing.
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im just waiting for a reversal of the 4hr, then a small rally to the highs prior, then a reversal on the hourly, then another small rally up for no less than a 30 minute reversal entry... hope that makes sense. that's like the only measure of risk I'm willing to take,
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and thanks for sharing Anil!
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I really enjoyed the training View it was my first
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Could be going up...
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Thank you Anil.
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rough T/p so i can walk away??
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It was developing nicely, I'd hate that some news would ruin it..
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Hey, thanks for the likes, means a lot from such an experienced trader!
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u r great sir
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thanks for the stops update very appreciated
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Looks like there might be a LTF 5 wave pattern forming which could send the price action back up to break the pattern line and potentially challenge the pivot high.
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Does this become a possible buy position now as it appears to have broken the structure and a bull flag may be forming?
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Pretty much went as I predicted broke the pivot high. Here is where I see this possibly going.
AUDUSD
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Anilmangal how i can connect to your trading room?
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add me to skype for more info :mangal457
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Thanks for coming back Anil !!!
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Thank you brother.
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I'm so long this pair I sold my house and my children and margined my account
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I made a killing and was able to buy back my children in case anyone was wondering
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Great idea !
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