Head and shoulders ni cely forming on the 4H chart.
The wedge was broken and hi offer us a opportunity , so the best enter point zone is near the retest area
We have a strong intermediate trendline and after the break will be bullish moves Good luck!
For the Fed's remarks yesterday, the market worried about prospects for US inflation. Even if the Fed is likely to raise interest rates next month, it will take longer to see if it will see any further rate hikes next year. In contrast, Australia has not yet raise interest rates once the Reserve Bank of Australia released consider raising interest rates, then...
the price make good price action on daily chart and in 4H chart can not break the resistance area so my expectation more downing
Now in Zone if it break the trend than it will go Higher High Expected 0.76500 if trend Break up side.
okay guys. first round in audusd. wonderful short setup for the pair. you should looking at 0.76302 to build ur first short setup. thinking about ur moneymanagment. no sl only stop buy. is the pair going to 0.69 is the short setup finish and after that we concentrate to 0.85. but this setup is for later. btw. is the pricelevel over 0.764 is it possible that the...
we prefer the SHORT side at these levels. Follow our FREE DAILY ANALYSIS
An outside bar after a signal to go short at a previous swing low. Risking 60 pips to make 120 pips. Following all my rules , regardless of whether the News stopped me out of the 2 previous trades. Got to get back on the horse.
In my previous post (see Related Ideas: "AUDUSD: Revised Wave Count + Wolfe Wave + POTENTIAL Bat :), I gave one possible scenario for the way this pair was unfolding its' wave (iv). What I wanted to do here is to offer up an alternative wave (iv) wave count and pattern. In this count, I have a 3-3-5 flat correction for wave (iv) ending at the completion of the...