Price break important trendline. Buyers take control. Reversal to short term long tendency. Buy with good risk reward trade.
Price has reached major support zone that has been respected since November 2021. The stoch shows oversold in the 4h, 1h & 30min timeframe. I'll be expecting price to move up towards 0.72733.
We broke the channel and now we're on the way to 0.80. You can buy now or wait to retest the 0.782 zone. I would like to buy on retest once it happened. Easy trade on this pair (most channeled pair). GL & HF
audusd is falling to complete the wave e of the triangle hence correction wave B of major ABC correction. wave C then begins to form from wave e of B(my entry)
Fib retest of 61.8% now heading into extension of -27.00%, which correlates with the weekly of 0.77000.
Love you all Traders... AUDUSD Bullish Breakdown Confirmed..... Follow the charts.. Thanks....
Purchase range: 0.71660 Targets: 0.71510- 0.71660- 0.71810 Stop loss The first goal: the profit to loss ratio is 1: 1 (0.71210) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 0.71610(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
I'm long on the AUDUSD for the foreseeable future, here is a low risk to high reward setup that I am doing following a mid term trend that's been established since early June 20'. DYOR - not financial advice. Almost a 7:1 reward vs risk ratio on this. Time frame would be the next week or 2 for this to play out for myself
Add longs. Track NZDUSD pair as well (correlated pair, but seems to be topping soon) DYODD!
You can buy AUDUSD however I would rather wait for Short play .... A bunch of resistance are closer and closer !!
Formation of a tripple bottom is observed, bullish sentiment with the following parameters; Entry = Blueline SL = Redline TP = Greenline
AUDUSD Setup: Structure Breakout & Retest Confluence: BRN Entry: Buy @ 0.6800; SL @ 0.6770; TP @ 0.6920
audusd inverted head and shoulder pattren
Buy signal at AUDUSD right now! We have impulse and 3 lower lows at correction. So buy from 0.7236 SL - 0.7210 and TP - 0.7294 RRR - 4.95 Good interesting pattern!
Halo there fellow traders, on the AUDUSD abullish bat has formed. The D leg is complete. Lets make pips. Use proper money management.
This is Aussie/Dollar Daily chart and as we can see, this market is in long term down trend and price has pulled back towards the trend zone which is also a broken old support near 0.7330 and now we can expect that market will turn and resume in trend direction once again. We have good confluence factors here aligning such as trend, trend level 0.7330 and dynamic...