AUDUSD is at a critical decision making level. It has been a tug of war between the bulls and the bears. This pair might be making a complex corrective Flat pattern that may send the pair further lower or it may be making 1-2, (i)-(ii) wave pattern that would send the pair higher as shown in the chart above. Elliot Wave has rules to validate both opportunities,...
Hey Traders, Here is my current analysis on AUDUSD on the H1 charts. We currently have a bearish flag pattern which is in line with the overall trend. If price can break through this flag I see a further move possibly to .6700 area. Simple technical analysis and breakout strategy.
Hey traders, A continuation of my analysis of AUDUSD so far. Price retraced in the midst of the current down move last week, before reaching resistance currently. Bulls struggled to push price down and it seems like Bears are still in control for the medium term. If we can get a strong bearish close tomorrow, it only further confirms the downtrend. Simple...
Hello traders! This is a Tag&Go setup short, a sell stop order, set and forget style is right on the red line at the price shown in the label. The red circle is the stop and 1st and 2nd targets are in green. Best, Jay
Hey traders, Hope everyone is having a great weekend so far. This week AUDUSD was able to make a strong move up in price. AUDUSD bounced strongly from the minor S/R labeled on my chart with news aiding the push up. Now price has reached an inflection point. The blue trendline. AUDUSD formed a bearish pinbar off the trendline, signalling that sellers are...
Hey traders, this is my analysis on the AUDUSD on the H4 charts presently. I currently have one long position open on the AUDUSD, and may add a second one at the 1pm EST close. From the charts I have labeled the bullish pinbar, as well as the most recent bullish candlestick. These indicate that the bulls are in control until proven otherwise. On the MACD we...
A downward impulse will validate the set-up. Aggressive buy will invalidate the set-up
Hey traders hope everyone is having a great weekend. AUDUSD is currently experiencing a retrace on the weekly charts. Per my analysis last week, I am still bullish on the AUDUSD until it reaches the target of the yellow line. This upcoming week we may see the retrace continue, but I am still bullish. Last week price moved down, but the Friday's daily candle...
AUDUSD is in Short mode since 22.10. as 0.6860 has ben broken Now today the journey to the south has been increased and got speed. After the second support break there is no sign for a long. I have marked inthe chart where we have to go for a long. Good trades If you want to support my work please like them... and if you want to know more about my trading...
Evening Star on the 8hr. Short on AU , Stop loss to break even once + 20 pips For all my trades or forex education hit the link in my bio.
Welcome to our weekly trade setup ( AUDUSD )! - 1 HOUR Bullish market slowing down. 4 HOUR Bullish market found its resistance and need a pullback now. DAILY Bearish waving market with 50% pullback of previous x-a wave - FOREX SETUP SELL AUDUSD ENTRY @ 0.68820 SL @ 0.69450 (60 Pips) TP @ 0.67750 (105 Pips) RR: 1.70 Use 1%-2% risk per Position! (Remember to...
In this setup we have multiple confirmation to short AUDUSD: Divergence Structure Break StopHunt Occuringz Daily TrendLine Being Tested Use proper risk management Enjoy! All glory be to The Most High
Directional bias is bearish. Ride up to TP at the 61.8%, .76074. Retracement level from the monthly downtrend. Need break of inner trendline, oversold on stochastic and bullish candle formation to enter. Short term buy at .70732.