AUDUSD analysis update and it’s going to move for +70 PIPs to the upside ✅
Average Targets @ 0.70900 - SM 80/20 - Max RR 1:10 - Not much of Significance, its a US Holiday.
AUDUSD BUY to Mention Level if buy signal CONFRMID if break then buy to the next support level to Mention Resistance Level.
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/USD Buy. Enjoy the day all. Cheers. Jim
AUDUSD took support from Double Bottom and now moving upside. Might be it will fall little bit and then boom.
Potential Confluence support (blue) of HTF trend line and HTF support. On break of LTF descending channel and minor resistance, bullish continuation is highly likely. This scenario has not yet occurred at the time of publishing so stop loss should be adjusted to the lows that price will give and not just static.
I will be looking for AUD/USD Buys if price can come into this area in the london session with bullish confirmation. I will not be going over the technical reasons for the trade.
Market Structure: Downtrend Area of Value: Resistance. Reversal Entry: Reversal confirmed by RSI divergence Exit if Right: 2 tranches on possible resistances Exit if Wrong: below historical support RRR: 1:2 Confluence: D1 chart respects the support the level, if the bearish pattern/downtrend continues, we will still win on a 1:1 ratio as we are waiting for a rally.
Here is my view for AUDUSD on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for AUDUSD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Looking at adding some more buys if given the opportunity, 0.71 is an area Im looking at for a new support to continue the uptrend. I am also looking at the potential for a long term short if we can see a reversal from a further push higher.
FX:AUDUSD AUDUSD looking uptrend waiting for breakout trendline for buy confirmation
FX:AUDUSD Forex AUDUSD Analysis uptrend Long Setup
I have in mind the upward trend. You may make a correction and continue the upward trend
Price broken above a major resistance zone with a nice bullish candle with full body. Price has plenty of room to continue to the upside as this pair has been oversold for a while. here is the play I will be taking on this pair: P = 0.70864 SL = 0.70170 - 71 PIPS TP = 0.72562 - 168 PIPS
Last time I predicted about the sell and the market went as I predicted. Now I believe that AUDUSD will move upside to it's last resistance zone. Further more AUDUSD made fake breakout on its trend line.