AUDUSD on the daily time has a beautiful upwards trend that has been going on for some weeks. It looks like it might soon reverse in at least a corrective down wave.
Sell at: 0.7980 and or at 0.8022
Take Profit: 0.7813
Stop at: 0.8050
Dear Traders and followers
As we are seeing audusd in a bigger corrective structure , market is running for a 5th wave at that level lot of chances is to selloff to the yearly low.
Selloff will probably start between feb to march if it does not break the level of 0.8200
Note: Everything works with good money management.
Note: Please leave comments for any...
i short audusd because:
he is under ma20 weekly
on a big pweekly price as resistance
overbought
can some risk off can come when the stock will make a big correction
so same as all time in 2 x 1lot
first lot will cut at 0.7724-25 and take profit
2nd lot will add a Stop loss at +10 pips for secure 55 pips and be safe
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
AUD/USD has set up for a good short opportunity.
It has been rejected by the current trendlines in the overall downtrend.
I will be watching for a 4 hour candle to close below the blue support line to go short for at least the short term.
If a 4-hour candle closes above the current trendlines I will be looking to go long.
PLEASE NOTE: I don't usually use a...
Volume has been created and the Volume Extended Zone has been made. Price will move inside the zone and retesting the zone validating the upward move. Watch for buying opportunity by the successful zone test. If zone break below zone that mean zone is invalid and must search another pattern.
The recommendation is to watch for short opportunities uptrend move.
When markets open this evening I will be looking at shorting the Aussie Dollar down to the daily trendline, as this has been respected a few times in the past couple of weeks, this will most likely be an intra-day swing trade to get in and get out. Only because of RBA releasing minutes on Tuesday followed by a speech from Yellen later that day, could make...
Hi traders,
This is technical as well as fundamental
We have a full FIB retracement of previous bull run
We have gold running up (which helps AUD)
DXY turned the corner yesterday when it broke its uptrend channel.
Here's what I'm thinking :
AUDUSD LONG:
ENTRY : 0.75987
SL : 0.75315
TP : 0.78375
Trade safe!
Disclaimer: This is my trading analysis, it is...
The Australian dollar broke down the support level 0.7634 but could not fix below it and is trading at this level right now. Even despite this fact, this is a signal for considering short positions, but we need to get an additional signal. Such a signal is a resumption of the fall of the price on increased volume. A stop loss should be placed above the beginning...
Hi traders,
I must admit... I called this trade a little early for my students yesterday! I didn't though it would go back a second time test out the new support tuned resistance + FIB extension above. I'm not mad though.. a double confirmation is even better to show us that the bear trend is in full effect. Now we are looking for this pair to resume what...
The Australian dollar was trading in the little local consolidation the whole Monday, so our previous scenario remains the same: after a resumption of the fall on increased/large volume we can enter the market. A stop loss should be placed above the level 0.7720. A potential of the fall is around 80 pips.
The bottom line: short positions are in priority.
The Australian dollar showed an upward correction of the price on Friday. The move was on large volume, but smooth we should note the presence of the local downtrend and the exit of the pair from the consolidation. Given all these factors, we should give advantage to short positions. We can enter the market after a resumption of the fall of the price. A stop loss...
long intraday at 0.7635 target 0.7690 =50 pips
a small intraday trade with 55 pips i think Garantee he is on big weekly-monyhly support +high oversold
entry 0.7635
target 0.7690
gain =55pips
