Short on AUDJPY after a big rejection on the 61% fib. Now we are expecting this pair to go lower as the 4h chart shows a good flag and sell set up.
Rounded bottom in AUDSGD & potential breakout of its historical distribution.
Australian dollar faces a tough resistance coming into 2017. I will update this page continually through the year.
Oneway Ticket. Buy and lean back! Trade your plan...in case you have one ;) I can see multiple 1-2's, so plenty of impulses are in front of us...
Waiting to see a confirmation on this possible double top. Could see price drop down to the neckline.
Hello fellow traders, Its been intense period for trading. I have came with an interesting trading idea. The idea is that we already have a triangle - a structure before final move. And now 123 to the down side and a sharp 123 up. Unfortunately it is not 5 wave move to the down side - easy story. So at this point it still can be movement to the down side - Ending...
waves theory on point ... i thing is time for short
We have all kinds of heinous bearish signs; from RD- to HD-. I will go short after uptrend line is broken. Good luck, Ali Sharifazadeh, CFTe
Currently short once more on audusd after being stopped out previously. it has presented another opportunity after hitting the 61.8 fib of the move down, still same targets as im still holding my bearish bias for this pair
Daily R has been broken and now AUDNZD is on the way straight to the previous high, around 1.0750
Hey traders! The wave count is panning out as planned and the long is still active from last week. I like a double-up on this position. The missed pivots are in sight and resistance is minimal up to target. SMA's provide added support between SL. Trade is active. Cheers
Currently short audusd after rejection of double top structure. I'm expecting a roll over to make new lows at 0.70678 and ill be taking partial profits should the market get down to previous low. really nice risk reward on this trade as well
Hey guys, I entered a short with Target 0.7100 but then I will look for a long-term buy on this pair. It's a nice pair to trade, let's wait and see what it is doing this week. Good luck and don't get caught on the wrong side, this will lead you to more mistakes!
Short taken on Friday. noticed the 3rd trend line touch, alongside the formation of a tweezer top at the 50% fib level. The MA's have also just crossed indicating downside momentum when you go down to 2H time frame, which i entered off after a counter trend line break. entry @ 0.7318 stop - 0.7370 tp1 -0.7165 tp2 - 0.0750 1:3 risk reward peace !
AudNzd Trend Break - Above 200 ema on daily chart ;)
Hey traders! Aussie is showing some signs of strength into the new month as it tries to reach for some of those missed pivots. I like the signs we're seeing here with the initial bullish impulse. I want to be cautious, however, since the overall momentum is down. I like the long position over that strong resistance area to ensure the momentum has shifted. ...
Day chart: Yesterday's big red candle indicates short bias on this pair. Price may keep going down to test 1.6800 support. 4 Hour chart: Wait for a consolidation to see if there is a reasonable stop loss when price breaks yesterday's low.