☑️AUD_NZD broke the minor rising support And Is overall trading in what can be thought of as a bear wedge The breakout downwards happened after the fakeout to the upside All these factors make me bearish overall and I think the pair will go down SHORT↘️ ✅Like and subscribe to never miss a new idea!✅
AUDUSD is clearly reversing and creating a Head and Shoulders pattern. Waiting for a valid retest on the neckline to go short. TP: 0.7300
Hello,Traders! GBP-AUD is trading in a rising wedge pattern Which usually break downwards This in combination with the fact That GBP-AUD has reached wedge resistance Makes me bearish, And I am expecting the pair to fall In a local pullback, with possible bearish continuation Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Initially prevailing uptrend - Yellow line. 1- Uptrend is disrupted. 2- Temporary peak is made (either higher, equal, or lower than prior immediate high). 3- Old previous low is taken out. If all 3 points are taken out, this is a 1-2-3 trend reversal.
☑️EUR_AUD is trading below key falling resistance I am expecting the breakout to happen After which we are waiting for the pullback And then going long LONG↗️ ✅Like and subscribe to never miss a new idea!✅
The secret is there is no secret. When trading Elliott wave moves (4) can often be the most complex, and unpredictable. Wave four is typically clearly corrective. Prices may meander sideways for an extended period, and wave four typically retraces less than 38.2% of wave three. Volume is well below that of wave three. This is a good place to buy a pull-back if...
DXY is set to continue getting stronger, gold seems to be getting weaker. This is bad news for the the Aussie Dollar. There's a head and shoulders structure formed on the daily with the neckline formed roughly around 0.76. Last night, we broke the 0.786 level that was previously a 4 touch support. This is a perfect place to short due to: Strength of the...
Possible short position for the bears here. Low risk, high reward. Eyes on.
Hello, Traders! EUR-AUD is trading in a downtrend in a falling channel And now the pair has retested the resistance confluence Forming a bear flag pattern Which leads me to believe a bearish continuation will ensue After the flag breakout To at least retest the lows of the flag Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! EUR-AUD is trading in a downtrend in a falling channel And we can see that the bear flag pattern has also developed Therefore, I am bearish on the pair and I expect it to go down After the breakout in a trend following pattern Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
#AUDUSD (Update) In 1h timeframe Chart, AUDUSD is Forming Descending Wedge Pattern. In Case of Upside, Expecting +120 pips Bullish Wave. Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
1.we got near bad data all the week 2. he is much overbought 3. he just touched ma100 "monthly". 4. he need a legit correction. 5. if euity doiwn a bit it will help. 6. dollars are on support and oversold. 7.there a bearish rsi divergence in some time frame
Technical Overview: - AUD/USD Check out our previous posted analysis - Australian Dollar had been bullish for a long time following the printing of the US Dollar The more you have of something the less valuable it becomes, the feds had been printing day and night and they are not planning on stopping any time soon.. Just recently stimulus package was passed...
Will be looking for short entries on AU by the end of Monday or early Tuesday of the week.
☑️EUR_AUD is trading in a falling channel And has now reached a resistance confluence level From which I expect the pair to fall In the bearish continuation move SHORT↘️ ✅Like and subscribe to never miss a new idea!✅
The aussie is getting closer and closer to the weekly level zone that has been tested a few times already since 2015, after it passes our local level it would be a perfect long entry with a take profit around 0.81000. Stay tuned for more Ideas on Forex and Crypto's from an Insider.
Hello,Traders! AUD-USD fell sharply from the recent heights And even broke the nearest support area But now, the pair is clearly oversold locally And the nearest horizontal support is near Therefore, I will wait till the pair reaches this support And then I will buy it from support Buy! Like, comment and subscribe to boost your trading! See other ideas...