#AUDUSD
AUDUSD has formed a very good head and shoulder pattern. The market has crossed the neckline and retested 2 times and now started sell. So a good trade is awaiting you.
After crossing the price of 0.7352, you can enter the trade at the or you can wait for a pullback in trend, and when the price touches the 0.7350-0.7355 enter in the trade
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDUSD was rising from last year creating upward channel & currently is at a critical area. Most recent support is 0.7380 & resistance is 0.7620. We can predict 2 scenerios.
Scenerio 1: Break above the resistance will confirm uptrend continuation.
Sceneio 2: Break below support will expose major down fall to the next support area which is at 0.70 level.
If...
#AUDUSD is following a downtrend, so think before you go for a #long position. My idea is to wait for the price to reach the support and then sell for some green pips.
Last week AUDUSD failed to make a new Lower low and last Friday the market closed with a very strong pullback to the upside. Which made me think market can go more to the upside where i placed my potential sell area-1. If somehow market breaks above the resistance level then it could reach to my potential sell area-2. I am kind of bearish right now on AUDUSD...
#AUDUSD
The MArket is going to sell.
Currently, the market is moving in the bullish channel and will soon hit strong resistance and will break channel that will be our entry point.
Hello traders, AUD/USD is trading at 0.7590. The pair is trading in upward channel and about to make a head and shoulders patter. If the price breaks the support level at 0.7580 then it can start a new down trend and then its targets will be first target at 0.7542 and second target at 0.7500.
Follow proper risk management strategy to avoid unnecessary losses and...
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
