AUDUSD LONG 4H TIMEFRAME- 5 EMA CROSSES THE 200 EMA
- FURTHER UPSIDE EXPECTED AS A NEW TRENDLINE IS FORMED
- A POTENTIAL DROP TO 0.67423(SUPPORT) IS POSSIBLE INFLUENCED BY NEWS IN WHICH CASE THE STOP LOSS WOULD BE REACHED
- TAKE PROFIT AT 0.68400
Audusdlongsetup
START OF THE WEEK (9 Sep - 13 Sep 2019) GUIDE | WE'RE GOING UP!See chart for illustration
This is a follow up on a long term speculation published earlier (see link below for reference purposes)
AUD/USD pottential buy ! The lack of major developments surrounding the US-China trade conflict and the subdued trading action didn't allow the pair to make a decisive move in either direction following that drop, forcing it to move sideways near mid-0.67s. However a positive reports Australian Bureau of Statistics forecast today can attract buyers. FOMC members Barkin and Daly will speak later.
AUDUSD bounced from support, potential for a further rise!
AUDUSD bounced off 0.67750 where it could potentially rise further to 0.68220.
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AUDUSD potential reversal!AUDUSD expected to rise up to 1st resistance at 0.68499 where it could potentially react off and drop down to 1st support at 0.67393.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD potential reversal!
AUDUSD expected to rise up to 1st resistance at 0.70465 where it could potentially react off and drop down to 1st support at 0.70254.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD approaching resistance, look out for potential reversal!AUDUSD is approaching its resistance at 0.69891 where it is could reverse down to its support at 0.69299.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD LONG on H1AUDUSD price break downtrend, with an impulsive wave. Wait correction and open long
AUSTRALIAN DOLLAR/U.S. DOLLAR to BUYChart is an expectation of market setup via harmonics.
* Market in trend change trend for a buy.
* RSI signaling oversold area currently at 38.
* RSI reading 20-40 is in the oversold area.
Considerations on where to collect profit;
* Pattern D breakout can sometimes finish its run at TP1.
* Chose your entry point wisely via indicators, etc.
DISCLAIMER;
Trading carries risks, ideas are for guideline purposes only.
Do set stop losses when trading & be generous with how much room allowed for candle wicks.
There is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
AUDUSD POTENTIAL LONGThis is my AUDUSD prediction.
Market is currently in a downtrend. Fell in an important level of support
Created a nice lower low with an bullish engulfing bar.
If we put up a Fibbonaci retracement, we can see that the 0.618 Fib level is nice around a little level of structure plus approaches the downtrend nicely.
Let's see!
Potential AUDUSD Buy Swing Position 160+ PipsGood Morning Traders, ForexFargo checking back in
Today our analysis is on AUDUSD. The overall trend is Bearish for sure. However I see a potential set up for start of next week if price continues Bearish toward of Support Level.
Price on this pair has been consolidating for the past 5 weeks, ranging mainly between support and resistance.
Weekly Resistance Level set at 0.72350.
Weekly Support Level is set at 0.70750.
I believe that price will continue toward of weekly support levels by end of week or beginning of next week.
When price gets at that level of support... I will wait for a strong Bullish candle on the minor timeframes to indicate a good position.
Entry @ 0.70750
Exit @ 0.72350
Stop Loss @ 0.70450
As always, thanks for the support!
Good Trading!
-ForexFargo
$AUD/USD Long swing trade set-upEntry long off buy zone .618 - .786 fib and confluence with previous swing high (resistance, now support) prior to strong move. Directional bias due to bullish sentiment on higher time frames (4h, 1d and 1w). I tend to set generous stop losses with reduced risk%. Profit target as per T1 to take 60% and leave the rest on the table with SL trailing price movement.
AUD/USD TA 1/10/19AUD/USD: We are leaning towards more of a long bias with AUD/USD. We feel that we could see this pair push past .74, although we are not weighing out the possibility of a higher low being formed and .7050 met once more before pushing up to the .74 area
AUDUSD head and shoulderthis would be a good on to jump in for a long. should get to the tip of the blue arrow. i would normally just aim for 70% of the blue arrow.
please like and support :)
AUDUSD Demand Zone - Long in the context of a weekly uptrendAll data shown on the chart. Long setup in Daily Demand. We trade the weekly uptrend.
