Open Position: Buy 0.72653 (valid until 21.09.20) Take Profit: 0.73086 Stop Loss: 0.72222
💡 Trade Idea 📉 Buy Now AUD/USD @ 0.7297 🎯 Target Profit 0.7375 🛑 Stop Loss 0.7261 ❌ Do not risk more than 1% of your account on each trade 🙂 Good Luck!
Please share with me your thoughts Regards
After reached the Stop Loss last week. I still planning to set up long position for AUDUSD. Let see what happen next 🤓
The counter has been in the declining mode for the last 2 days. It made an inverse head and shoulder and has broken the immediate trendline as well. Hence, we expect the pair to be bullish in the near-term.
Im expecting audusd to continue rallying upwards. With USD potentially still weakening, this pair should still be going upwards. Am looking for a retracement towards the trend line for more further upside trading. Cheers!
Open Position: Buy 0.72479 (valid until 04.09.20) Take Profit: 0.73419 Stop Loss: 0.71662
Seems AUDUSD is gearing up for a nice drop. keep an eye on 1 hour chart to take advantage
Please share with me your thoughts With kind regards
As we mentioned earlier, AUD/USD has formed a gramophone pattern. It has now formed an inverted head and shoulder pattern. The prices are now trading above a support level of 0.71727. Hence, we expect the pair to be bullish from here on.
Wait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a BUY limit.
AUDUSD bounced off 0.71426 where it could potentially rise further to 0.72406. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
**ENG** - Price reaching our current Higher High, we can see that the price is overextended and overbought. - The best to do now is to wait for a lower timeframe confirmation of a reversal and enter then. - If price breaks this level, ket the price consolidate first before entering long. **PT** - Preço a alcançar o nosso higher high atual, podemos também ver...
please wait until break this point and then use risk management
AUDUSD market structure is bullish. Price is also above the 100-period EMA on the 4H Chart. Price bounced up from the previous low. It is likely that the uptrend may continue to 0.7220. I have already bought at 0.7100 and would be looking to add more buys if the price dips towards the buy area again. My TP is 0.7220 and SL is at 0.7047. Expecting a continuation...