We like a buy here. Potential "ABC" ZigZag pattern. Not encouraging any trades or advice. Just journaling.
AUDJPY continues to trade inside a Channel Down, testing today the 1D MA50 after a continuous 1 month counter trend rise. For the time being this is rise similar to the one that was completed on February 14th and made the latest Lower High on the Channe Down. The ideal short entry is between R1 and the 1D MA200. We set a long term target on AUDJPY on the bottom...
AUDCAD on the 4h chart after the recent low resets the weekly resistance. We can notice how the structure is at the 50% retracement of the previous bearish impulse. The price has been rejected by the area and is now trading over a 4h support. According to Plancton's strategy IF the pair will break below we can look for a nice short order according to the MTB...
Hey Traders, The AUDUSD is making some bearish build-up as it move closer to the demand zone. Watch out, for a break above the trendline or Below the demand area.
We have achieved our goal this week. Wait for me next week to get a lot of money. Do not forget to check my page in order to make sure of the strength of my analysis, knowing that we enter our deal with great profit and very little risk.
Traders are looking ahead at the RBA meeting (2 May 14:30 AEST) and reviewing where the balance of risk sits, as well as the propensity for volatility. As always, the need to manage the risks when holding exposures over news is of clear importance. From a volatility perspective, AUDUSD 1-week (options) implied volatility sits at 11.2% - the 20th percentile of the...
As of today, the AUD/CAD exchange rate has been displaying a consistent bearish trend, characterized by a series of lower highs and lower lows. Notably, on 23 April 2023, the pair reached a high of 0.9100, followed by a subsequent drop in value to its current level of 0.9000. Further analysis reveals that the exchange rate has been trading within a symmetrical...
today we can see AUDUSD look bearish from now and trend also look like bearsh after mitigation previous supply it will go back to its previous low
AUDUSD has been very volatile lately - to the point where it zigzag by 1000 pips. This time it finally touched 78.6 FIB retracement, a very significant support this past few weeks. 0.660 is historically firm at this level, a major order block support. Expect buyers to come at this price range. TAYOR 0.66 safeguard capital, always.
The AUDJPY pair is trading inside Channel Down pattern since the September 13 2022 High that is diverging some (dotted lines) to the 1D MA200 (orange trend-line). At the moment the price is ranged within the 1D MA50 (blue trend-line) and 1W MA100 (red trend-line). Having previously broke below the 1W MA100, the current level is an ideal sell entry and with the 1D...
SHOUT OUT TO: @Palarche-Capital for suggesting this instrument TP3 @ 0.6300 (closing ALL Buy Positions) TP2 @ 0.6250 (shaving 25%) TP1 @ 0.6100 (shaving 25%) BSO @ 0.5940 ⏳ BLO @ 0.5870 ⏳
Hey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.90750 zone, AUDCAD is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend at 0.90750 Support and resistance zone. i would also keep an eye on indices to confirm the bias as AUDCAD does correlate positively with...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.666 zone, AUDUSD was trading in an uptrend and successfully managed to break it out, currently AUDUSD seems to be in a correction phase in which it is approaching the major trend at 0.666 support and resistance zone. Fundamentally the market is pricing another rate...
We have shoulder&head should be form And change of character then Break of structura and we have Demand So i devise you bouying
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.665 zone, AUDUSD was trading in an uptrend and seems to be attempting to break it out after a bunch of fed hawkish comments about the coming monetary policy on early May and another potential rate hike. Technically if we get dips below 0.665 we will monitoring a...
AUDUSD - 24h expiry - Previous support level of 0.6619 broken. We are trading at oversold extremes. A higher correction is expected. Previous support located at 0.6564. The hourly chart technicals suggests further downside before the uptrend returns. Preferred trade is to buy on dips. Although the anticipated move higher is corrective, it does offer ample...
SLO @ 0.6700 ⏳ SSO @ 0.6575 ⏳ TP1 @ 0.6460 (shaving 25%) TP2 @ 0.6350 (closing all sell positions) BLO @ 0.6325 ⏳ ADDITIONAL INFO: 00:00 Shout Out to @kristonperry 00:42 Supply Zone / Sell Limit Order 01:00 Support / Sell Stop Order 01:20 Position Sizing @ ~2-3% 01:50 Shaving 25% @ each TP 02:54 Demand Zone 2, preferred 04:40 Boost, Follow, Comment, Join
As mentioned a break up on this pair would see more upside...lets trade with this likely new trend upwards. :) **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you...