With a lot of speculations and many things can happen today on FOMC Minutes, I try to share very good setup in AUDUSD.. As seen on the chart, AUDUSD has broken its trendline and now retest back into that broken trendline, i'll go for SHORT.. Cheers!!!
It seems that a suitable area has been created for sale in this time frame. Due to the possibility of a bearish head and shoulder pattern in the daily time, the probability of a decline of this currency pair is higher.
Aussie on support , But flag will break, And bearish move will continue again. Nice opportunity to short.
AUD/USD has now done an 12% pullback It has respected horizontal support. It has printed bullish engulfing candle. Bullish divergence. Entry : $0.71774 Stop loss: $0.68180 Target 1: $75366 Target 2: $0.78950 Target 3: $0.86130 Btw I use a modified shark or cypher pattern and trade it to the 1.618. Use your own caution
To summarise DXY failed to make higher highs and then had one last attempt and rejected off key levels on the monthly time frames, creating a failed higher high. It looks like it is wanting to continue its long term channel structure. But we have to be vigilant to the downside as it could still make a higher low and push higher and break out. We will...
AUDUSD Another bearish scenario. The 0.718 zone wasn't respected so we have 0.722 zone in our watchlit for a possible bounce. once it's confirmed the trade will be executed. Trade safe, Joe.
Open a short position in the box. Regarding two LR drawn from CCI peak to peak we see a great comeback to both channels. Take risk management into account. Take some profits on the levels and move the SL one level by one level after the levels hit. follow for instructions
Short AUDUSD. Wedge is broke. Price is ready to goes down.
We will be looking for the price to push down to the Demand Zone before buying.
AUD/USD appears poised to break support at 0.7171, which may set the stage for a run at the 0.70 figure. A daily close below support might serve as confirmation that December's corrective upswing has ended and the structural decline defining much of 2021 has resumed. A dense block of congestion-area resistance runs up into 0.7343.
tp long : 0.74500 stop lose : 0.72000 intry price: 0.72200
AUDUSD firmed a nice wedge and I think its very good opportunity to short it. Wait for break it and then short it. Chart is so clear and no need to more explanation.
Aussie Dollar isn't as bullish as most people think. Aussie is weak, in my opinion, hence this short trade against King Dollar. We'll look to TP around .7100 support level. Feel free to comment below and let me know your thoughts. Cheers, and Happy Trading!
AUS/USD (Australian Dollar / Aussie Dollar) will go upside around $0.729 to finish the (B) wave as an ending diagonal and after that, it will down for wave the (C) of the ((B)). We can clearly see the formation of the ending diagonal (falling wedge). We will down after ending diagonal finish and we can see a new low below $0.699 in the future. DISCLOSURE -...
Long AUDUSD . Nice rising flag firmed. Risk reward is so logical.
Hey Traders, we didn't received any confirmation from the selling opportunity from 0.707 zone shared the last night. Today the market came with another good sell from 0.71, Once we will notice any bearish confirmation we might consider executing the trade. Trade safe, Joe.
Hey Traders, above is an update about our audusd Trade, in current week i'm looking forwards adding more position around 0.707 Zone. Once any confirmation is noticed the trade will be executed. Trade Safe, Joe.
Hey Traders, in this week we are monitoring AUDUSD for a long term buying opportunity around 0.711 Zone respecting the strong weekly demand zone in combination with the bullish trend. once we will receive any bullish combination the trade will be executed. Trade Safe, Joe.