AUD_USD Strong Bearish Demand level was break, I am expecting a retest, And a move down towards the target SHORT
We can see on the higher timeframes the 1D and 4H, that price has taken sellside liquidity on two occasions, so can look for weekly expansion to the upside
#AUDUSD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
BEARISH structure LH, LL formation Rejection from Hourly resistance hammer at LH, followed by strong bearish engulfing LL is the target, which is Daily support Entry: .67266 SL: .67668
Price is Bearish on all time frames (Daily, 4H, 15M). There are some short intraday opportunities to trade the 4H pullback long but ideally I will be looking to position myself short at 15m Supply Zones.
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...
The trend is downward Even in the daily time frame This analysis is in the time frame of 4 hours It is a beautiful descending channel Since the main trend is downward, I think scenario 1 is more likely
AUDUSD Sell - Strong downtrend Parallel Channel. Price could continue down as it has already hit top of channel, or can pull back to top of channel for ideal entry.
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...
Waiting for the US Dollar news to drop before entering. News and candle close will determine how I proceed with this trade. It's approaching the golden zone of Fibonacci and in a downtrend. Will sell if the 4-hour candle closes bearish.
Trend: Downtrend according to DOW theory a series of LL and LH Reason for Taking Short: A formation of Bearish Engulfing Candle at the LH of the trend right at the resistance level indicates a downfall in the price. SL: At the privous LH of the trend. TP1: At the nearest support of the trend. TP2: Nill.
Hello traders! ⁉️This is my analysis on AUDUSD . Here we are in a bearish market structure, price forming lower lows and higher lows, so I am looking only for shorts. I expect now a retracement due to the imbalances that have to be filled and if the price rejects from bearish orderblock I will open a short position. Like, comment and subscribe to be in touch...
#AUDUSD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
AUDUSD has been trading in a bearish parallel channel . The price has broken the important support and is trading below it. However, the indicator shows bullish divergence meaning bulls are here to show some game. One can build a long position till the channel is high and watch the price action there closely. Trade your levels accordingly
Hi Traders, Happy Tuesday. Today we are looking at AUD/USD Before we get into it, can we all just acknowledge the fact that the Euro and the US Dollar is officially one-to-one. The last time this was seen was in 2002. Twenty years ago. It's quite something to see. We are living in interesting times. The DXY is still rocketing upwards. Other markets are...
All time frames are now bearish (15m, 4h, Daily) with all of them breaking structure to the downside. We can expect price to begin pulling back to the Supply Zones above at which point I will be looking to enter the market short.
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...
Let's trade on Support on Resistance Strategy! Take a short entry when you see a bearish candle pattern closed below the resistance zone.