There is a clear break and retest out of the ascending channel. This is a great signal for calling shorts on aussie. See my previous long idea about AUDUSD here and here Please leave a like and let me know what you think in the comments section below. Disclaimer: This is only an idea and should not be taken as a trading signal.
hello everyone, lets see how Aussiedollar will react at this area, if market break aggressively the top then short set up is invalid, but for now lets see at least one more leg to the downside! trade safe and with care, good luck.
SELL AUD/USD ENTRY 1 0.64326 Entry 2 0.64496 SL 0.64626 TP.1 0.64026 Tp.2 0.63796 TP.3 0.63496
Waiting for a setup under the arc area even though longer-term is showing movement up, still keeping eye on immediate setups.
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The structure of AUDUSD decline from Jan 2020 high has been unfolding as a textbook Elliot Wave five-wave impulse move, labeled (i)-(ii)-(iii)-(iv)-(v). Wave (ii) was a sharp correction and wave (iv) unfolded as a triangle. A triangle always preceded the last move of a sequence. The whole structure perfectly fits into a downtrend channel. According to the...
Title : AUD/USD Buy SIGNAL Asset : FOREX Symbol : AUD/USD Type : Market buy Time Frame : H4 Entry Price 1 : 0.66780 Entry Price 2 : 0.66680 Stop Loss : 0.66510 Take Profit : TP 1: 0.67080 TP 2: 0.67280 TP3: 0.67580 Status : active
AUDUSD is approaching the completion of a five-wave pattern after breaking out of a major corrective structure. Once a five-wave pattern is completed, a three-wave in opposite direction should follow according to Elliot Wave theory. That's AUDUSD should find a bottom soon and at least we should see a three-wave move higher in the weeks ahead.
I think AUDUSD had finished A leg of an ABC Correction and now we can go long with good risk to reward ratio. You can trade based on your own confirmation around the area. We also provide daily comment of any changes depending on wave count. For now : Entry Point : 0.6735 Stop Loss : 0.6705 Take Profit : 0.7030 Note: follow my updates for possible change of the...
AUDUSD is almost finishing creating head & shoulder pattern which is our third confirmation for a good sell opportunity. We also had an uptrend break , which got retested and now price started to fall. Another confirmation is our fibonacci retracement level created a pullback and we waiting to reach the target at -0.27 level.
AUD/USD Head&Shoulder pattern in 4hr/Daily timeframe AUD economic calendar release CPI MoM & QoQ expected bullish release while in USD interest rate bears will be gathering. Entry at vwap and s/l at high of the candle
buyllish butterfly pattern. tp price may change according to reversal price
AUDUSD has broken below key support turning it into resistance. Since this happens to be a daily head shoulders neckline also this gives me confidence in a further downwards cycle to be shown by AUDUSD .