head and shoulders on 4h AUDUSD targeting 150 pip to north
Please see 'related idea' below. Been longing this pair for a while now in an attempt to reach the final target. Made many pips on the way, but it has been fighting us.. Maybe now we can put this one to bed at the final stretch.
Got a sell signal from semiauto system. Position marked on the chart. Best of luck :-)
Sell below 0.7697. Stop loss at 0.7725. Take profit at 0.7634. Reason for the trading strategy (technically): Price continues to test major resistance at 0.7697 (multiple Fibonacci extensions) and we expect a strong reaction off this level for a drop to at least 0.7634 support (Fibonacci retracement, horizontal pullback support). Stochastic (34,5,3) is seeing...
If the Prices comes in the Resistance Zones and touches the Resistance Line it will probably go up again. Watch out when the trendline breaks.
Hey Everyone! Let's see a scenario for AUDUSD LONG. Very strong support/resistance @0.745 - white line An upward movement for 7+ days A valid trendline that holds the price Now, even if we have these good points we can't just look at the long side. I will only take this position once the price hits the 0.746 or even a bit higher. The safest place...
good risk reward, Stop below recent lows. Quick trade.
RR 2.12 Target 47 pips
if the dollar goes strong again expect to go short
Hey traders what I'm looking at in this chart is a potential Bearish Trend Continuation Trading Opportunity on the AUDUSD. Price action has provided a little bullish relief after the Friday Job's report and as we get a retracement back into previous structure levels we're offered an entry opportunity for anyone looking to get involved in a bearish move. If you...
Hi Freedom Traders, in the 30min a confirmed Bat Pattern offers us a great high probability trading opportunity. It is also a chance for an entry for a longer swing-trade taking into account the bearish cypher in the daily timeframe. Possible entry and exit levels are in the chart. Happy Trading!
Broke the important trend line, failed to break important daily resistance 3 times and we are expecting to fall around 100 pips.