Retail short position now is 91%!! in my opinion will see soon pressure on AUDUSD
AUDUSD harmonic bullish reversal on 1H time frame making bullish
We can clearly see an continuation pattern in daily basis where we can observe that there will be a sharp movement in one direction and cooling off will be taken in opposite to the share movement ranging the liquidity form 0.5-0.614 fib zones. For example 1st wave there will be sharp 100 pip move and pull back of 35-50 pips 2nd wave Again we can see 70-80 pip...
The Reserve Bank of Australia raised its 2024 inflation forecast on Tuesday and appeared more concerned around achieving its 2-3% target. Despite considering the case for a hike, policymakers decided to hold rates at 4.35% for fourth straight meeting. The Aussie reacted lower, as markets likely expected a more hawkish language from the RBA, given the upgraded...
Hello to all our subscribers. Please share your personal opinions in the comments. We kindly ask for your boost and subscription. While the Reserve Bank of Australia (RBA) maintained its interest rates during the Monetary Policy Meeting on the 7th, the Swedish Central Bank's rate cut boosted the price of the dollar index. Meanwhile, the Bank of England's interest...
Traders right now I watch very closely AUDUSD for potential reversal with new impulse. Now we are in correction and it's look like one more drop coming to 0.65365 This level is also 61.8% on Daily timeframe which is very strong support level. We also have 1H buy zone on that level so it's very, very possible to see drop - liquidity grab and nice bullish formation...
Bearish AB=CD Harmonic Reversal Pattern observed in AUDUSD pair. The current bullish trend can be used to take long position whereas there is a Potential Reversal Zone (PRZ) near point D. PRZ can be used to take short position.
AUDUSD is at a major resistance zone. The US dollar index sees further rallies. Wait for a retracement below previous lower highs before placing your trades.
AUDUSD Short Trade in down swing of long-term consolidation 1. Price Rejected longterm resistance level multiple times 2. Nice bearish candles may continue in down swing 3. Broken bottom of double top on H4 timeframe 4. 2% Risk, 1:1 R:R 5. Target in Daily ATR 6. Target before strong support 7. Stop Loss above high of daily candle + Buffor 8. No important news...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
The pair maintains a position marginally higher than both the 50-period moving average and the Woodie pivot point. This indicates a slight upward trend or stability in its current positioning within the market. Observing this alignment can offer insights into potential support levels and trends, guiding traders and analysts in their assessments of the pair's...
AUDUSD is now forming a bullish reversal harmonic pattern. firstly the chart is bullish made AB and then retraced 50% and this point is also conformed by RSI divergence. No it seems it will made a high leg of same length as of AB = CD and then at D point it might be reversed.
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to continue the retracement to fill that imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
Looking for candlestick patterns near the shapes, potential pivot points/turnarounds, or breakouts / continuation patterns near the shapes that turn out to be zones of influence that can become support or resistance. Previous Matrix Projects are linked to this one for representation of special events that might occur in such a web of zones and levels that appear...
AUDUSD is expecting Harmonics reversal, we will not take trade until it reach D and take reversal
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65800 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65800 support and resistance area. Trade safe, Joe.
My dear friends, Please, find my technical outlook for AUDUSD below: The price is coiling around a solid key level - 0.6618 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear , giving a perfect indicators' convergence. Goal - 0.6550 Safe Stop Loss - 0.6662 About Used Indicators: The...
I want to try this sell, in my opinion probable reversal. The real key regardless of any strategy is to have a decent risk/reward . You win and you lose , so be cautious. No financial advice, do your own research