Currently price has been showing a bearish momentum, it confirmed that after the 4HR trend was broken. We can see price is coming back up making a new Lower High (LH) with that made it will bring price down making a Lower low. Also confirmation on the 15M trend break was good one so we are taking this one short. www.blueprintforex.com
Hey guys, This week we have a nice SHORT setup forming on the AUDUSD. We have multiple signal pointing that AUDUSD will drop this week to retest the zone I highlighted in my chart. For some info, check out my analysis. Trade safe!
Sell below 0.7697. Stop loss at 0.7725. Take profit at 0.7634. Reason for the trading strategy (technically): Price continues to test major resistance at 0.7697 (multiple Fibonacci extensions) and we expect a strong reaction off this level for a drop to at least 0.7634 support (Fibonacci retracement, horizontal pullback support). Stochastic (34,5,3) is seeing...
AUDUSD Chart Confluence factors : 1: pattern : Rectangle Continuation CHANNEL 2: BULLISH bias 3 : Retracement 4: Timeframe: DAILY 5:Possibility : 80 % 6:buy signal : Entry : (Yellow) 0.7530-40 TP1 : (Blue) 0.7630, (Green) TP2 0.7730 , (RED) Stop Loss : 0.7460
My AUDUSD long activated at price indicated in the cart. Very high risk to reward. Trade with care.
AUDUSD BUY LONG entry ,stoploss,takeprofit all well illiustrated in the chart.
Sell below 0.7550. Stop loss at 0.7620. Take profit at 0.7370. Reason for the trading strategy: Price is now reacting off major resistance at 0.7550 (Fibonacci retracement, horizontal swing high resistance, Fibonacci extension) and we expect to see a strong reaction off this level for a drop to at least 0.7370 support (Fibonacci extension, horizontal swing low...
Sell below 0.7548. Stop loss at 0.7573. Take profit at 0.7472. Reason for the trading strategy (technically): Price is now reacting off major resistance at 0.7548 (horizontal swing high resistance, Fibonacci extension) and we expect a strong drop from this level to at least 0.7472 (Fibonacci retracement, horizontal overlap support). Stochastic (34,5,3) is seeing...
AUD/USD IMPORTANT S/R zone(tech.anlyze)
Hello fellow traders, It looks like we are having a good timing to enter short positions with Audusd. It has nice Risk Reward ratio. The trend shall make a nice move to the down side and accomplish wave C. Sincerely, Trader.
Hi guys, The chart contains the trade, if it lines up with your own analysis awesome ! :) Goodluck
Looking for a break above 0.7500 and a corrective structure after the break, preferably on the 1 hour timeframe. Looking to be Long for the upcoming summer months.
My other view EUR/USD after breakout in time frame H4 Thanks
AUD/USD just touched twice the top of it's bearish channel. There are two distinctive wicks that makes me believe this will go back down to the previous bottom (which looks like a order block) Trade safe!