The AUDJPY pair has been trading withing a Channel Down since the June 08 High and has found lately support on the 1D MA50 (blue trend-line). In 1D RSI terms, it appears to be replicating the October 20 2021 - January 28 2022 pattern, which eventually broke to the upside and reached its 2.0 Fibonacci extension. As a result, as long as the 1D MA200 (orange...
The market had the highest fall in dealing with the fvg time and the change in the structure of the highest time happened, so it is expected that after the correction it will enter the lower orders.
Hello,Friends! Based on the technical analysis And the recent minor fundamental news EURAUD looks bearish to me overall. I think that market-makers will be pushing the pair down That is why we are going short! Like and subscribe and comment my ideas if you enjoy them!
According to the perspective of the higher time frame, I expect to climb up to the daily block time
50EMA break 2 days ago Bounce from major trendline upward ALREADY Formed higher highs 50EMA > 100EMA > 200EMA Entry: 20EMA - Green EMA Stop Loss: Slighty below 50EMA (Red EMA) Initial Target Price - Higher High Trailing Stop Loss: Previous day high Risk: 1-2 %
I'm expecting an impulsive move to the upside to complete wave 5 on the daily timeframe or at least retest the high before we start to short! If, however, there is no push to the upside we can begin looking for shorts soon.
The RBA on other hand has recently committed to a more aggressive tightening path for monetary policy than previously anticipated by the market. The Australian fundamental backdrop remains strong with low unemployment, solid growth, positive international trade and debt at relatively tame levels. The BoJ recently committed to extending their yield curve control...
TRADE PLAN EURAUD DAILY Description Price appears to have developed a 5-wave sequence in a form of Leading Diagonal. Then was followed by a 3-wave sequence in a form of ABC. Apparently the correction ABC appears to have completed confirmed by a Pivot and Bullish Engulfing patterns. It appears we are due for an aggressive Bullish C leg...
AUDJPY Bullish idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: We are clearly bearish on AJ and it looks like we are going to continue with this bearish trend into the week based on what we can see right now. Ideally, we spot a strong reversal near 92.850 with price action forming a lower high below. Look to enter short on...
✅EUR_AUD was trading in an uptrend But now we are seeing a bearish breakout So I am bearish biased and I think That the price will fall down To retest the demand level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅GBP_AUD is set to retest a Strong resistance level above Which makes a bearish pullback a likely scenario With the target being a local support below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-CAD is retesting a horizontal resistance From where a move down is likely So If we see a reversal pattern Then we can enter a short trade With the target being the demand level below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello traders! ⁉️This is my analysis on GBPAUD. Here we are in a range for the last 3 months, so I expect the breakout of the support or resistance zone, but only with a confirmation. Be careful with the spikes that price makes. Like, comment and subscribe to be in touch with my content!
Am waiting for the breakout and retest for entry short to get a SWEET 3.24 RR. Targets on chart. Like & Subscribe.....
Happy Sunday! What I like to do on the weekend as the market is off, I analyse the market and various different assets LT & ST positioning, it will then be noted and I am ready for the week ahead. AUDCAD - It's brewing its one I did share and I am sharing it again on Trading view, it's a break to either direction, which makes great trade for next week! Be...
Breakout of inverse Head & Shoulders..... Entry on retest....looking for a quick 1:3.5 on this trade....