audusd having struggle to breaks above this weekly resistance, a short oppurtunity is there but first i want to see for confirmation a strong DXY (dollar index) maybe price can bounce to daily fresh supply zone and after can be a waterfall pips. stay tunned
AUDUSD Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Price action continues bullish. Look to enter long after we see a higher low above these moving averages with strong bullish candlestick patterns. Target higher toward key resistance around 0.73400. Once price action reaches this level look for either a break or...
As you can see my previous analysis on this pair is bearish and I'm still on the same view. Price made a huge impulse and we waiting for a correction on this pair. if your view is different please comment the correction below. Thanks
AUD is at major resistance and will most likely roll over based on the 3 pin pattern.
Price is facing bearish pressure where we could see a reversal below this level to our first support level. Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish bias.
Price is facing bearish pressure where we could see a reversal below this level to our first support level . Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish bias.
TF: 8 Hr Looks like a possible double top and some bearish divergence. Price may sell down a bit around here.
The price of AUDUSD has formed a head and shoulders bearish formation is very likely to retest 0.72 area. The setup. Sell a break of current support area below 0.7240 and take profit at 0.7200 area resulting in around 40 pips. Technicals. Head and shoulders formation has been identified. Break of 0.7240 will bring negative momentum. RSI is trending lower...
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price has made a double top and also gave a breakout from its trendline. Let us know your views on this in the comment section. Thank you all. There is good news for our...
Price has entered an area of resistance. Before I take this short I will look for clear rejection at this level confirmed by closed 4H bearish candles. Price could reverse down to the 0.72217 level which is an are of previous resistance.
If anyone saw my publicly posted analysis yesterday, here is the follow up. Target hit with zero draw down.
looking for a run at liquidity and then hunting stops just above it. Targeting a previous high, and a possible down move - not quite looking for it to go all the way down, but would take partials at the half way point.
If you’re planning to short this pair, red rectangle will be your best shot.
AUDUSD Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: Price action resumes the overall bullish trend and pushes through our 4hour level at 0.72700. Enter long on strong bullish setups confirming a higher low above 0.72700. Target higher toward key resistance around 0.73400. Trade scenario 2: Price action goes...
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current levels for sell.
Good morning everyone! ✏️ In this post, we will show you an excellent way to trade a channel breakout. It applies to both ascending and descending channels, even horizontal channels (ranges). - Of course, the first thing we need is to have the trend identified with its corresponding trendlines. In this case, in the AUD / USD, it is a downtrend. To mark it, we...