Multiple reasons to short this based not on the recent Bullish breakout on the shorter time-frames, but on the longer rejection area's. Of course Forex is random factors so we wait for everything to allign before going short.
Waiting to JUMP THE CREEK off of the order block. Smart Money sold to buy and I am waiting for them to breakeven on the sell to push market up. Spread was WAY too big when the market opened yesterday, so I would like to see price come back to 0.94650 again give or take a few pips. Then we will jump in with the buy and ride it to the previous highs.
The AUDUSD has formed a bearish pin bar setup that is very similar to the NZDUSD. The big difference is the bigger price action picture. The AUDUSD is the weaker of the two, and may end up providing more downside if price breaks down in a major way, but I think both charts have attractive setups worth considering.
In this video update, we take a look at AUDUSD as we may see price return back to structure highs to find support. Price has recently broken out of the daily trendline resistance and the previous structure highs. If we see the pullback to the highs, we should see this act as support. If we see bullish price action look for the long opportunity into the 0.7200 resistance.
In this video update, we take a look at AUDUSD as we could see potential upside into the key weekly resistance of 0.7200. The 4hr chart is making higher highs and we could expect price to retrace back to the key highs and find support. If price forms bullish price action we could look for long trades into the key resistance.
In this video update, we take a look at the AUDUSD as it found support back at the key demand zone 0.7050. Seasonally the value of the Australian Dollar increases through March and April significantly against its counterparts and with price finding support currently, we can expect prices to continue to push higher in the short-term. The 4hr chart currently looks...
Mario Draghi made an honest assessment of the Eurozone today, which wasn't rosey. The big money wasn't happy with this. Stock markets and Forex around the world were thrown into some degree of chaos. All stock indices were affected - proving once and for all - that we are all part of a global economic system. What happens in the Eurozone or in America, simply does...
In EUR/AUD pair there is this major resistance/support zone on weekly and daily chart. Price has break the ''ice zone'' on daily and is closed above the structure. If we get a retest on 1h - 4h chart between fib 38.2-50.0 levels, there would be equal move then to orginal trend on the zone's top.
GBPAUD Technical Analysis. Aussie losing strength on all pairs coincidentally ;)
I love trades like this, a cheeky Head & Shoulders formation at the top of a potential Range. Nice big round number, very simple trade.
In this video, we take a look at a currency pair that could move higher using strength and weakness analysis. The 4hr timeframe is trending higher nicely, look for continued higher highs and higher lows into the next key resistance.
Quick techincal analysis before bed :) SHorting Aussie from Sydeny Open into Tommorow Downside targets at .7150 and .7100 AUDUSD FXA
Here is a quick video explaining what I see happening for the upcoming week with AU, it is a top-down analysis from the weekly timeframe down to the 15 minute. If you enjoy the videos or want to know more, hit me up from the places down below! Contact Me: -Instagram: @krystianstreit -Facebook Course/Community: Alpas FX - Forex and Crypto Currency Trading Have a...
** Sorry for the noise in the beginning it gets better haha ** Here is my Top-Down analysis of EURUSD, and my thoughts on where we could be moving for the rest of the week and even next week. This will break down my thoughts from the M > W > D > 4h > 1h to see more in depth of long term moves and entries for the sell. I hope you guys enjoyed the video and got...
Market Makers Drive for Liquidity from and off of Fridays High of Day Close. We have seen a clear spike through the region and now a perfect time to get short down to the next demand level. GBP/AUD
An inside bar has formed off of a near term support level. Price is consolidating in the long term but in the short term there is some price bullishness. This pattern formed after a small pullback and could set us up for the next leg higher. As soon as price breaks out of the mother candle I will begin moving my mental stop up at logical points and ride this as...
AUDUSD performed a false break from the .7600 level on Friday. While this was a good bullish trend and perhaps a sign that price will continue it's rise, it simply wasn't strong enough for me to take a position. If price drops back below near term support and forms a double bottom with a sharp recovery then I will re-evaluate and most likely take a long position...