Hello friends, please follow capital management and don't forget risk free
Hello friends, please follow capital management and don't forget risk free
The support is broken as price is going further down, which is a possibility to sell. The resistance of the candle wicks does give indication as well. Be on the look out for Tuesday news for Wage Price Index to see if it goes further or reverse in price. TP: .6590 or below
Our Purpose is to give daily position, kindly follow below instruction in order to get positive result. ❇️ Use fix lot size for all your position ( we recommend to use 1% of your account for each postion ). ❇️ Do not enter position if its away from entry point. ❇️ Do not close position before target price unless instruction given. ❇️Three maximum trade per...
Daily - after CPI and Rate decision, I was expecting continued long move on AUDUSD. now that it has tagged R1, and is currently pulling back, long bias still remains intact on daily. Origin - **0.66151 - 0.66043** is the zone to look for. above this we are bullish and below it, we are bearish. if price dumps from here, I will look for longs as price comes near...
Looking for a continuation of last weeks momentum on this rejection of resistance, but currently having
“You can take trades by seeing breakouts or pullbacks from the support and resistance levels shown on the chart.” Support and resistance levels are fundamental concepts in technical analysis used to identify potential turning points on a price chart. Here’s a brief explanation: Support: This is a level where the price tends to stop falling and bounces back up....
Price will retest the previous low to create a double bottom for a buy opportunity
Remember I shared a setup earlier this week of Australian dollar supply zone? So price respected the supply on friday and caused change of character during New york session. We have internal liquidity of equal highs below supply zone. Which increases our chances of being in the right side of the market. We have CPI release next Wednesday. 🤝 Goodluck
An example of using the Pineconnector RSI Strategy on AUDUSD
It is expected that after some upward swing, a trend change will be formed and the continuation of the corrective trend will be formed. Then, in the specified support ranges, it is expected that the beginning of the upward trend will be formed
Preferred direction: BUY Comment: In the second half of the week, the main trading instruments finally began to move in the directions we had previously indicated. For the Australian dollar, today we can expect the previously set target at 0.66460 . At the moment, both scenarios are activated, of course, the most effective, as expected, is scenario №2....
Preferred direction: BUY Comment: The current situation for the AUDUSD currency pair continues to develop in favor of buyers, and against this background, we are considering a short-term long from the level of 0.66000 . In the recent past, this level was the growth target for a medium-term deal. This level is currently support. The most likely scenario №1 ...
Hello Everyone, The anticipated upside move for AUD/USD has finally materialized. Currently, it appears poised for another upward movement towards the yearly pivot point (1Y PP), with the daily support structure showing resilience. TradeWithTheTrend3344
✅AUD_USD is going up now But a strong resistance level is ahead at 0.6646 Thus I am expecting a pullback And a move down towards the target of 0.6603 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Retail short position now is 91%!! in my opinion will see soon pressure on AUDUSD
It's still early, but it looks like a good setup is cooking. I will wait and see the price action over the yellow pivot line (monthly)