Here is my view for AUDUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
looking for short on AUDUSD expected it will break daily support in us session. trade wisely and use proper risk management 15 pip stoploss from the greenzone.have a nice day my friends
From the start of this week, the AUD has experienced a low volatility and we can see the effect on AU. AU bounce of yesterday fromthe previous low at 0.67650. Holding this sell to new lows as AU collected new supply orders in my supply zone (YELLOW BOX: SUPPLY ZONZE)!!!
AUDUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
Could we be witnessing a fake breakout to lure buyers into the market?
If this is a fake breakout to trap buyers THEN we can expect some strong sell pressure into my desired level to sweep them out of the market before the true buys come in.
I am wishing you all a profitable trading week!
Let me know what you think in the comment section below! 💬
AUDUSD
Intraday - We look to Sell at 0.6880 (stop at 0.6925)
Buying pressure from 0.6764 resulted in prices rejecting the dip. The current move higher is expected to stall at trend line resistance. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies.
Our profit targets will be 0.6750 and...
AUDUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
Hey tradomaniacs,
technically a great spot to sell AUD/USD but be cautious with the FED today!
If interest-rates are even higher than expected AUD/USD could get very volatile.
This is because the market might price-in a FED considered to be ahead the Curve in order to get
buffer for upcoming rate-cuts in case of a recession.
In this case we could see...
Price Action will determine which of these entries I will take. I trade my majors at 9am EST and AUD or JPY pairs at 9pm EST. I risk about .5% every trade. and of course this isn't financial advice :). Comment your thoughts below!
Personally I believe the respect from this supply is suspicious.
I get the sense that this is a sell lure for a trap.
The reason for this is because of the basic smart money mitigation and the lack of interest from the key psychological number.
I get the impression that price will not hold this supply and for that reason I will be considering a buy position to...
Potential Confluence support (blue) of HTF trend line and HTF support.
On break of LTF descending channel and minor resistance, bullish continuation is highly likely.
This scenario has not yet occurred at the time of publishing so stop loss should be adjusted to the lows that price will give and not just static.
