HI people welcome to Team Decrypters We are seeing this Trade as Retracement sell
Hey Traders, in the coming week we are monitoring AUDUSD for a buying opportunity around 0.66200 zone, AUDUSD is trading in an uptrend and now seems to be in a correction phase in which it is approaching the major trend at 0.662 support and resistance zone. Once bulls are confirmed i would like to consider 0.668 zone the channel resistance as a target as it's...
AUDUSD reached a solid rising trend line on a daily yesterday. Analysing the intraday price action, we see some bullish clues: the price formed a double bottom pattern on 1H time frame and broke a resistance line of a falling wedge pattern. I will expect a pullback from the trend line to 0.6707 / 0.6724 ❤️Please, support my work with like, thank you!❤️
AUDJPY - 24h expiry - We look to Buy at 87.30 (stop at 86.60) Previous support located at 87.50. Previous resistance located at 88.50. Price action has stalled at good support levels and currently trades just above here (87.50). The correction lower is assessed as being complete. We expect a reversal in this move. Risk/Reward would be poor to call a buy...
could be a possible short, the price has been bearish on daily tf, market had a exhaustion phase and now could be ready to seek the lows
Audusd should see more downside if USD is to strengthen on the higher timeframe... **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 would like to show further...
**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 would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank...
This forecast is not my own work, this was taken from Elliott Wave forecast (I am not a member of the service) This trade is live on my personal account not the firms.
Hey Traders, AUDCAD is trading in an uptrend and now seems to be in a correction phase in which it is approaching the major trend around 0.89600 support and resistance zone. if bulls are confirmed i would set 0.91300 as a target as it's considered the next major resistance AUDCAD will be facing. i would also like to put an eye on the stock market since stocks...
The AUDNZD pair is technically bearish on the 1D timeframe (RSI = 42.033, MACD = -0.005, ADX = 29.502), trading under the P1 Zone, which has been in place since 2021. It is under both the 1D MA50 and 1D MA200 and it targeting the HL trendline (TP = 1.05300). If the dashed LH trendline breaks, we will buy aiming at R1 (TP = 1.10800). ## If you like our free...
AUDUSD - 24h expiry - Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Short term bias is mildly bullish. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. The hourly chart technicals suggests further downside before the uptrend...
The AUDUSD reverses the recent gains seen earlier in the week and is now trading below the 0.67 round number resistance level again. With the momentum currently to the downside, look for the AUDUSD to break below the bullish trendline to signal a confirmation of further downside potential. Downward moves on the AUDUSD could find the first support at 0.6635 and...
AUDUSD on the 4h chart is trading below a daily resistance. The price after a break of the structure is slowing retracing ton the 0.786 fibonacci area. If the market will provide us an inversion and a new break of the daily area we can set a nice long order according to the Plancton's strategy rules.
Hey Traders, AUDUSD is trading in an ascending channel and now it seems to be approaching the channel support around 0.667 Demand and supply zone. if bulls are confirmed i would set the channel resistance as a target. fundamentally US data are still printing softs which have triggered more USD weakness and considering also that the market is expecting the US...
AUDCAD is trading inside a Channel Down pattern with the 1D technicals bearish (RSI = 43.171, MACD = -0.004, ADX = 38.042). Even though the long term pattern is bearish, the rebound yesterday and closing over the 1D MA200 can be a bullish signal along with the HL that the RSI is on (bullish divergence). However until the 1D MA50 breaks, we cannot call for any...
I expect further increases on this pair. TP around 0.6860. About 120 pips.
Looking to take the ride all the way down, set proper risk management. Happy trading
Hey Traders, in today's trading session we are monitoring AUDJPY for a selling opportunity around 91.400 zone, AUDJPY is trading in a downtrend and now seems to be in a correction phase in which extending pullbacks are approaching the major trend around 91 resistance area. i would consider the descending channel support area as a target once bears are...