4HR/D/W I make my analysis on multi timeframes 4 hour, daily and weekly the MA's looking very good for a short position we got good short momentum to however i hold this position a few days now SL is 40 pips-TP is 80 pips
This Analysis is off the Daily chart and is more of a typical swing trade setup that I love take. I am looking for a break of major support around the .7640 level so I can take a long term sell. I would then look to approach the previous lows around .7514 If we fail to break that support area or any of our bearish confirmations change to bullish, this setup may...
Hey Guys and Welcome, AUDCAD broke previous week lows, we are following „Mid“-term Trend with a good RR. Bearish reaction after forming another HL with a 60% pullback..Following this trend expecting another break.. Short: 0.97457 Sl: 0.97881 (40 Pips) TP: 0.97060 (40 Pips) TP2: 0.96480 (100 Pips) Feel free to Comment and Discuss my Trades. Have a Great...
Good evening everyone, sharing a great trade I took on Monday on FX_IDC:GBPAUD What initially caught my eye was the rejection of the 1.8200 support level followed by the break of the descending phase line. Entered couple of hours before the London open before the usual volume expansion, TP order was hit pretty quickly. Please feel free to write me a PM if...
AUDUSD Has Buy & Sell confirmations on both the 4H and the Daily.
On the four hour chart AUD/USD has formed a BEARISH BAT, the D leg seems to have completed forming. This particular point is strong resistance and a good place to short the aussie. Use your money management rules and sell after you see bearish evidence.
Apparently, AU is supported by hard resistant called 0.767 regions. Since the bull force gets stronger, it can swing up again. It can go to levels like 0.775 and 0.782 regions. DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or...
AUD/USD close to uptrend support line on daily chart.
The 786 correction is completed on this pair and we are planning to move up Look for my weekly chart also on this pair below Best Regards
Aud/Usd - Daily chart - I see a strong demand zone below current price for aussie dollar and I've taken a buy trade around 0.77 with stops below 0.7650 and targets of 150-200 pips. This correlates well with dollar weakness and other major fx pairs in buy levels.
AUDUSD appears to be close to finishing another 3 wave structure labelled as C-D. It has made a short term correction following from an impulse. It also seems to have broken out of the short term correction trendline and began its move downwards. I expect the impulse to end at point D and begin another 3 wave pattern upwards completing at E. Once D has completed I...
After our prior TP's towards the upside wasn't fulfilled we see a sudden change in trend I'm currently riding the downward trend towards the 0.76500/0.75000 Region . I am however anticipating a change in trend around the 0.75000 Region. We could see a potential long position in the near future guys, stay tuned! TP: 0.76500/0.75000
Price is forming an XABCD Pattern in the right Fibonacci ratio's so far. Price is currently sitting at a strong resistance currently, so could take it for a sell right down to the target buy area. Place stop loss just above point A. Take profits at the various support levels throughout. Last time I called this it moved ¬800 pips.
The Aussie dollar is heading into the crucial area around 0.775. In terms of structure we are expecting a new higher high, but looking at the previous, we had a very weak projection which suggests there isn't a lot of buying. I think we will see it start to range a bit or even fall if the dollar starts to gain. But I am targeting a buy if I get a signal around the...
After a bounce off a daily demand zone 0.72500 area, price has gone bullish & has been making higher highs & lows. Price now came back to retest broken resistance as new support, where we could see a new higher high coming shortly..
AudUsd - Daily chart - I see a good oppurtunity to sell all major pairs against the dollar. Audusd here is at the perfect zone to sell for a minimum of 150 pips target to the downside.
Price broke back into the consolidation range after the ECB conference the other day. Price now sitting at the 200 EMA, where we could see a potential pullback before a continuation to the downside..