FX:AUDUSD Learn to WAIT! Safe Trades;
What do i really like in this trade? First of all i am taking this trade with the overall direction of the trend (Bullish), i have a nice Risk/Reward potential as you can see, i can even go for more but i dont like being greedy. Also i have price action confirmation in different time frames, like the 4hr and 6hr. but i am taking this trade in a 8hr time frame,...
Do not forget this pair is bullish. Take profit and then buy at throwback.
Last Friday, AUDUSD insist went up . the close price stay above 0.77. Im thinking this time AUDUSD will go up . so if AUDUSD continue going up. The first target would be 0.7830. I will set sell limit around 0.7830-0.7860. The sell order's target would be 0.7680. If AUDUSD coming back next week i will set buy limit around 0.7650. The target would be 0.7790
FX:AUDUSD In this trade we can see a nice preceding bullish trend heading towards an area of resistance, next we see a nice pin bar candlestick which tells us that the bullish power might be transitioning to the bears. Confirmation is needed for me, so i executed a breakout entry below the low of the pin bar candlestick or also called Indecision...
FX_IDC:AUDUSD Safe Trades
Take it quick for a long with 40-50 pips on reversal. Long@0.7508 S/l@0.7488 T/p@0.7560 Happy trading! Makkaba team
AUDUSD is showing some consolidation, for a potential continued move upwards I'm looking to jump in around level 0,7380-0,7420, with targets in the upper side of the range. A daily close below 0,7400 brings my Mid-term view slightly more bearish
HI ! In the comments below check out my youtUBE video on this Bat pattern
Clear breakout and pullback. Target is included.
SUMMARY: The primary trend of AUD/USD is bullish on charts and price is trading below the trend line in its 30 min. chart. In 30 min. chart the price is sustaining above 200 day SMA and is taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 0.7626 and support at the level of 0.7565. If it breaks its...
This trade analysis is part of my diary. Please let me know if it was helful but also your suggestion for improvements RBA minutes delivered quite positive outlook and no need fur further cuts is necessary unless situation in the financial markets would change. We know however that high Aussie value is not very stimulative for our economy hence the upside is...
Hello Traders, In this Wolfe Wave I want to highlight the internal moves between the points. Points 1-2: You want to look for an abcd pattern in the development of points 1-2. Though it is not always the case this usually helps define whats coming later on. ab=cd Points 2-3: Similar to 1-2, 2-3 also forms an abcd pattern. 2-3 is typically the longest wave in...
FX:AUDUSD should continue pushing little lower before goes back up
Noticing price stalls at this level, plus noting some divergence as well
Audusd broke out the range to the upside so the bulls won the fight in the range