Breakout liquidity has been targetted before and will be targetted again. I expect a strong bull run now that we have wiped the lowest point. A shift in structure on the lower timeframes would be enough for me to take a buy.
The breakout provided a fantastic opportunity to capture liquidity. Now that we have cleared this liquidity, it is highly likely that the true move to the downside will continue.
The aussie dollar continues to trade in a random walk manner this week, building up pent up energy for the eventual breakout of the channel that is formed between 0.74270 and 0.72877. As areas of values on both sides continues to build up for stop loss hunting by the market makers, a whipsaw like action could potentially form before breaking up to the upside....
Buyers got caught today, big time! You can see from this chart that the head and shoulders break out was a trap. Once they had initiated buys, the price was driven to the area with stop losses. Now, this move is out of the way, we should continue to see bullish momentum.
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AUDUSD H4: Possible SHORT Possible rebound from resistance 0.7415 and fall to support 0.7285
Confluences a. Monthly/weekly/daily - bearish bias\ b. 4H Correction c. FIB 61.8% d. Structural Zone
What we see here is quite clear as price bouncing inside uptrend channel, clearly price making higher high higher lows, What we expect is to price to make new higher high on our resistance and trend line then nicely we can open 1:5 R:R position as shown one the chart, Very clear setup, Any question comment bellow @FxShzd
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 is in a clear downtrend for more than 6 months now. The last corrective rally showed that 0.74 is very strong resistance and I expect a new local low from this pair. A break under short term trend line support could be a sign that a new leg down has started
If the 1H bar be closed below the price of 0.7359, the second target is 0.7344
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
Hellooo....My Dragon Friends I think its time to retest is arrived, and we see HOLD it by Orange line. I sell it now at 0.7380 and SL at 0.7445, with TP1 at 0.7300 and TP2 at 0.7220 Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
Hello traders, this is my analysis for FX:AUDUSD and the way I will operate. Post your idea/analysis below for discussion. Thank you all for your support. For more accurate setups, stop loss, take profits and mentoring services, FX signals, Crypto, Indices and Stocks PM me.
Hello everyone I posted a chart for a sell on this pair few days ago. So previously we a crossover between 2 moving averages (shown on chart) which was a good entry for a long term buy. We now have the crossover for a long term sell entry. This pair is still BEARISH, so I have put in a sell limit at 0.74026 i will set this lot size at 0.01 My SL is at 0.76000...
On the daily tf moving averages have crossed! Previously using this as a potential buy/sell technique, it has work out well. I have entered a sell with SL at 0.75000 Tp1 -0.72000 Now lets see how this works out
when u get analysis and what is tell had about u take entry but its purely price action pattern and i already post my analysis head and shoulder pattern but its gonna have to running in profit this take profit not over which go side my suggestion is sell side take profit 0.72194