After a good bullish rally for AUDNZD, the pair reached the horizontal resistance zone combined there with a supply zone. From the perspective of RSI there is bear divergence on 1H time frame. It is a bit risky to enter in a sell position right now, but if we have a good candlestick confirmation it would be great. However, the stoploss could be outside the supply...
The EUR/AUD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position around the...
HTF Analysis LTW Entry If I have to be honest, its only the Monthly candle that's giving me an oversold bias to go long. I'm not sure about 3M, 6M or 12M We could see the W candle close less bearish because of the price hitting the daily S/R zone and showing a Bullish candle stick pattern. RR is always placed on the Daily. Entry is always on the 4H or...
AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.88455 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level. Stop loss is at 0.88700 which is a level that sits a pullback resistance. Take profit is at 0.87972 which is an overlap support that aligns...
EA has been shooting up for a while and has tapped and induced into supply taking out the equal highs and early sellers and now broken structure to the downside both on the 5, 15mins & 30mins. Upon seeing a decent retracement back up I entered sells @1.66900 with stop loss @1.6705 (risking 15pips). TP1: 1.66500 TP2: 1.6605 ...
My dear subscribers, This is my opinion on the GBPAUD next move: The instrument tests an important psychological level 1.9429 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.9469 About Used Indicators: On the subsequent day, trading...
Hey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.88500 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88500 support and resistance area. Trade safe, Joe.
💵Pair Name EUR/AUD Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish...
Preferred direction: BUY Comment: A medium-term long-trade is considered for the AUDUSD currency pair. We highlight two main scenarios that differ from each other in the depth of the current downward correction. A more likely scenario №1 involves an entry slightly below the level of 0.65000 , after the local minimum is updated (look at the chart). We also...
AUDNZD has formed double bottom with strong bullish divergence and bulls have shown the bullish reaction as well and has given the breakout of 1.0620 level with massive buying. Currently the price is facing strong resistance around 1.0695 region but seems like bulls will break through it. if this breakout happens the next optimum target will be 1.0810.
Here is why we are selling. Trend: W1: Down D1: Down H4: Up but it is overbought Moving Average: Within Daily MA H4 pointing upwards Pattern: Bat on M30 Strong resistance at 1.0705 35 pip stop loss. 100 pip target Lot of divergence on M15
You can see Good Retest Resistance level On Audnzd Chart Now Here you can Sell it with Tight stop 60 70 Pips and for the target you can hold this trade for 120-150 Pips after Weekly and Daily breakout now 80% sure our this trade will go for the short direction and our target will be met soon
H4 - Bearish convergence. No opposite signs. Expecting short term bearish moves to happen here. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
On the higher time frame, the GBPAUD currency pair demonstrates a bullish trend, characterized by recent retracement movements that have brought it into an equilibrium zone. Bullish Trend: The GBPAUD has been exhibiting a bullish bias, indicating strength in the British pound relative to the Australian dollar. This trend is evident over an extended period,...
We got a buy signal coupled with bullish divergence on the 4hr timeframe. We are targeting 1.06200 and have a stop loss of 1.0561. Should get some sort of relief before the trend continues.
EUR/AUD is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.66313 which is a swing-high resistance. Stop loss is at 1.66900 which is a level that sits above the swing-high resistance. Take profit is at 1.65224 which is a pullback support. High Risk Investment Warning Trading Forex/CFDs on...
AUD/CHF is falling towards a potential breakout level and could drop lower from here. Sell entry is at 0.57308 which is a potential breakout level. Stop loss is at 0.57800 which is a level that sits above a pullback resistance. Take profit is at 0.57047 which is an overlap support that aligns with the 50.0% Fibonacci retracement level. High Risk Investment...
Welcome back! Let me know your thoughts in the comments! ** GBPAUD 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...