Hello,Traders! GBP-AUD is retesting a horizontal support level And I think that a local rebound will happen With the price going up to retest the resitance Becasue the pair fell too fast and is thus relatively oversold Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
✅AUD_NZD went up unexpectedly and sharply And the pair looks oversold, which combined With the fact that it is retesting a horizontal resistance level Begs for a local bearish correction So, when the pair breaks out of the rising channel That is visible on the lower timeframes One might start entering shorts SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-AUD made a nice bearish correction After a strog rally up, and is now retesting A local support level, from where a rebound Is likely, with the target being The horizontal resistance above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
• Recently, we had seen oversold condition on the RSI • This coincided with the previous support at the psychological level 0.70 • Aussie started to trade higher since then, in correction mode following a steep downtrend • Next targets to the upside are: 1- 0.71230 (previous support turned resistance, 23.6% Oct-Dec fibo retracement, 10 Day MA) 2- 0.720 round...
Hello traders and investors! Today we will talk about AUDUSD currency pair; its price action from a technical point of view, and structure from the Elliott Wave perspective. Aussie made a five-wave decline on a daily chart into wave A, which can find the base here, around important 0.7000 support zone, especially if we take a look at the 4-hour chart where we...
The price is in a certain downward trend. Due to the strong saturation of sales, some upward correction is expected, but after that, in the re-introduced zone, we expect a decline to the specified price floor.
It's a little late for entering this position, Sorry I did post it a little late. TP: 1.90888 SL: 1.87094 If you enter this deal, be sure to follow this analysis To be informed of the next settings that I will update
✅EUR_AUD looks overbought and the pair Is headed to retest a resistance confluence Which might give us an excellent short opportunity So I will be watching this pair on the market open SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-AUD is retesting a horizontal level And this is where some traders might want to Close their longs, which might in turn trigger a selloff So I will be looking for reversal clues On the Monday open Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
✅AUD_USD is falling with the AUD being weak Across the broad basket of currencies However, a key daily support level is ahead From where a bullish correction might start But we need to wait for reversal signals Before entering any trades LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅AUD_JPY broke one more support Which now became a resistance level And the pair is now falling further down To retest yet another support If we see a reversal pattern forming After the retest of the level Then there is a good chance to see A reversal and a rebound upwards To retest the resistance above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-CHF was trading in a downtend And the pair lost more than 3% in the last few days Now, the price has finally hit a horizontal key structure And as the pair is oversold I think its time for it to go up With the target being a resistance above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hey traders, Commodities have seen some sharp recovery in the last few months, but we see five waves up now, so maybe it's time for some pullbacks, especially while the USD is breaking higher across the board, after FED's tapering policy.
For 33 days AUDUSD has been on a downtrend and now it reached a strong monthly support zone, the conversion line and base line in ichimoku are starting to go horizontally which kind of signals the end of the downtrend, also the blue line in stoch RSI cut the red line upwards. Seems like we can go long on AUDUSD for a couple of days. Guys I'll be happy to have your...
✅AUD_USD is trading in a falling channel And has retested a resistance confluence Of a falling resistance and a horizontal level From where a bearish move started I think the the pair will keep falling Inside the channel and hit the target below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Simple set up on GBPAUD. Anticipating GBPAUD to continue its bullish direction into around the 1.88 level. As we can see price appears to have found a new support at the 1.86 prior resistance, it is also supported by the H1 EMA. Psychological levels are super accurate with this pair a lot of the time i find. I expect a rise now to meet yesterday's high. Decent...
Hello,Traders! AUD-USD is trading in a downtrend Below a falling resistance And after a retest of the resistance cluster I am expecting further move down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
✅AUD_CAD is trading below a horizontal level And as the pair is retesting a resistance confluence Of the falling and horizontal resistance So I think AUD_CAD will keep falling SHORT🔥 ✅Like and subscribe to never miss a new idea!✅