Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Patter coupled with bullish divergence at potential reversal zone (PZR) Entry, SL & TP Levels are defined.
Price just broke out of the previous week POC. entry coming off of POC AVWAP Sentiment long good MACD.
OANDA:AUDUSD Bullish Reversal Start in AUD USD. Bullish Divergence show some good strength is price. Price break previous L.H now move upward to break another Previous H.H
supply zone 0.6605-20 & 0.6640-6660, stop loss 0.6680, target: 0.6430.
Technical Analysis: Red Line: It is a key level in both directions. If it is broken, either upwards or downwards, it indicates a potential long or short position based on the breakout. Orange Line: This line represents the first target. It is a level where traders can consider taking profits or adjusting their positions. Blue Line: Another key level that serves...
there is still a fairly strong bearish pressure, and there is no sign of a reversal. we can argue that the price entered wave 3 with the invalid area boundary in notation (4). special note, even though the price is likely to go up and higher than the invalid area, it does not necessarily mean that the price has reversed. the possibility is that the elliot notation...
AUD/USD hit a six-month low at 0.6525, the broken neckline of the inverse head and shoulders pattern. Technical indicators suggest further downward movement, with the RSI and Stochastic oscillator indicating oversold conditions. The MACD is negative, signaling a bearish trend. The price has dropped below its moving averages and violated the short-term range...
This video offers a comprehensive analysis of the AUDUSD, concentrating on its recent trading patterns. It's worth noting that a significant resistance level has been reached, and a price gap exists below it. Bigger players may look to attack sell-side liquidity resting under in the form of stop losses. The video delves into various topics such as trend analysis,...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
if you add the RSI to the chart, it can be seen that the price has entered an over period. the possibility that what happens is the price will rise limited before continuing the downward trend again.
Hi traders! The current market conditions suggest a potential shift in the AUD/USD exchange rate, favoring an upward trajectory. Despite some bearish indicators, we are adopting a cautious approach and await a temporary retreat in price before initiating any trades. This strategic decision aligns with our analysis of a channel down pattern, indicating a favorable...
AUDUSD is in a strong bearish trend. After looking at the weekly and monthly charts we are only looking at selling opportunities. We have seen the following reasons for looking to sell: 1: Bearish flag breakout. 2: Trendline breakout. We are looking to take an entry at the retest of the trendline.
Dear Traders, AUDUSD rejected and dropped 150+ from last week high however, as it dropped significantly market will be more likely to recover and comeback to the almost last week HH. Let's focus on how market will react on Monday. We also have FED meeting on Wednesday.
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: We are here in a bearish market structure from 4H timeframe perspective. As I expected in my previous analysis price filled distributed to fill the imbalance lower, now my point of interest is if price makes a retracement to fill the imbalance higher and then rejects from bearish order...
When we zoom out on the higher time frames, we can see that the pair is in a strong downtrend despite the bullish correction in the daily time frame which lasted a few days. We have listed various reasons which support our bearish basis. 1: Monthly time frame trend suggests a strong downtrend. 2:Price failed to break the lower high formed on the 4th of April...
In light of recent developments, AUDUSD has successfully broken free from the sideways trend it has maintained since February, following a decisive breach of a prominent support level. This breakthrough strongly indicates the persistence of the bearish trend that commenced last year. Given these circumstances, I hold the expectation of an ongoing downward...
Here is my view for AUDUSD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Technical Analysis: Recent Search Volume Profile Level Coincides with My Supply Level Anticipating an Upside Breakout with Eager Anticipation Diverse Targets Marked by Captivating Blue Levels Don't Miss the Chance to Share Your Thoughts and Contribute to Our Collective Growth! Cheers!