Dear Traders & Followers,
There is a possibility to go short from the price of 0.8035
to the level of 0.7925.
If trend line breaks and retest the trend line then buy to the level of 0.8190.
If trend line breaks u can short from the price of 0.8190
to the level of 0.7870.
Note: Everything works with Best money management.
Note: Please leave comments for any...
Buy above 86.92. Stop loss at 86.52. Take profit at 87.61.
Reason for the trading strategy (technically):
Price is bouncing nicely above major support at 86.92 (Fibonacci retracement, horizontal overlap support) and we expect a strong bounce above this level to push price up to at least 87.61 resistance (Fibonacci retracement, horizontal swing high resistance,...
Sell below 0.8059. Stop loss at 0.8083. Take profit at 0.7984.
Reason for the trading strategy (technically):
Price is approaching major resistance at 0.8059 (Multiple Fibonacci extensions, horizontal swing high resistance, Fibonacci retracement) and we expect a major reaction off that level to push price all the way down to 0.7984 support (Fibonacci...
Buy above 0.7921. Stop loss at 0.7896. Take profit at 0.7994.
Reason for the trading strategy (technically):
We prepare to buy above major support at 0.7921 (Fibonacci retracement, horizontal overlap support, Fibonacci extension) for a bounce above this level to at least 0.7994 resistance (Fibonacci extension, horizontal swing high resistance).
Stochastic...
Buy above 0.7892. Stop loss at 0.7863. Take profit at 0.7943.
Reason for the trading strategy (technically):
Price has dropped absolutely perfectly from our selling entry and reached our profit target. We prepare to buy above major support at 0.7892 (Fibonacci retracement, horizontal swing low support, Fibonacci extension, ascending support) for a push up to at...
Buy above 0.7892. Stop loss at 0.7863. Take profit at 0.7943.
Reason for the trading strategy (technically):
Price has dropped absolutely perfectly from our selling entry and reached our profit target. We prepare to buy above major support at 0.7892 (Fibonacci retracement, horizontal swing low support, Fibonacci extension, ascending support) for a push up to at...
Sell below 0.7979. Stop loss at 0.8003. Take profit at 0.7909.
Reason for the trading strategy (technically):
Price bounced perfectly from our buying area and reached our profit target. We prepare to sell below 0.7979 resistance (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance, bearish divergence) for a push down to at least 0.7909...
Im expecting a downside move on AUDUSD, targeting the 0.77000 zone.
after the completion of this move, i think we are going to go higher to the 0.82750 (weekly level of resistance)
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Buy above 0.7909. Stop loss at 0.7880. Take profit at 0.7963.
Reason for the trading strategy (technically):
Price has dropped perfectly from our selling area towards our profit target. We prepare to buy above major support at 0.7909 (Fibonacci retracement, horizontal overlap support, bullish price action) for a push up to 0.7963 resistance (Fibonacci extension,...
Sell below 0.7963. Stop loss at 0.7984. Take profit at 0.7869.
Reason for the trading strategy (technically):
Price has shot up perfectly as expected and has reached our profit target perfectly. We are now approaching major resistance at 0.7963 (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance, Elliott wave theory) and we expect a...
Expecting a downside move on AUDUSD before going up...
Main target is the 0.77000 which is an important support
For entry points look the graphic
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Here we have AUDUSD hourly showing break retest of pivotal curve at the 61.8% retracement level confluent with a previous support zone. Stops above 0.7950 and final target at D2 extension 0.78150 (-61.8% extension) is a trade I am favoring.
Buy above 0.7882. Stop loss at 0.7869. Take profit at 0.7928.
Reason for the trading strategy (technically):
Price has touched our buying area and shot up perfectly. We remain bullish for a further rise above 0.7882 support (Fibonacci retracement, Fibonacci extension, bullish divergence) towards 0.7928 resistance (Fibonacci retracement, Fibonacci extension,...
Good morning traders,
AUDUSD has completed the C-leg (1.27% extension of A-B) of a predicted Cypher pattern on the M15 timeframe.
If we break and close above the Weekly Central Pivot Point then we will be looking to take this long to the 0.79300 zone. Our preferred entry into this Cypher pattern will be around 0.79400 for Risk/Reward reasons.
We also have a...
![AUDUSD: AUDUSD [1DC] Short setup.](https://s3.tradingview.com/r/R4Z82N0c_mid.png "AUDUSD [1DC] Short setup.")
