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Looks like we could be heading to the downside... Alert was already triggered meaning i am highly considering to execute a trade to the downside for huge profits.
I can see DXY struggling @ 106.250 Taking long on AU towards @0.65500 CONTINUED DOLLAR STRENGTH THIS WEEK MAY INVALIDATE THIS TRADE Overall bullish on AU it has misaligned from gold recently Im looking for a catch up 0.5%-1% RISK
n this chart we have observed a Bearish Continuation pattern making LH & LL . But there is Bullish Divergence spotted which give us the signal of potential reversal towards bullish trend. So we have placed entry point above the LH level as it breaks we take an entry and we put SL & TP accordingly.
Here is the bullish divergence the last LH is 0.64987 is here you place the buy order and sl is also mention so calculate your risk and take a ride.... BUY STOP = 0.64987 SL= 0.64491 TP1 = 0.65504 TP2 = 0.66014
Hello traders, I hope you had great profits by selling AUD/USD last week. In my previous AUD/USD idea, I recommended selling AUDUSD@0.6620 zone, that call generated over 180 pips profit. Currently, AUD/USD has bounced off the support zone by almost 30 pips. This makes me wonder, if there is a potential long entry here. So, if the support level that I had...
after we miss the chance for long with rejection setup at 4H chart we can see clear chance for short with trend setup as shown on the chart also we have clear view for distribution level at 30 MIN chart with dally volume profile so far so good for short
Looking at the trend in the four-hour time frame, AUD/USD can rise to the resistance of the ceiling of the descending channel in the range of 0.6623 after the formation of the ANTI BAT harmonic pattern.
Here is our detailed technical review for AUDUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.645. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.653 level. P.S We determine...
We expect further downside on this pair, signalled by the formation of a triple-top pattern. We can also see the breakout of a counter-trendline supports our directional basis
Price has been rejecting the demand zone, and now creating lower highs and higher highs on smaller time frame, we can hopefully see this pair trend up for sometime.
What Is a Chaikin Volatility Indicator in Trading? Understanding volatility is crucial for creating effective trading strategies. One popular tool used when measuring volatility is the Chaikin Volatility indicator. In this article, we will take an in-depth look at this tool, how it’s calculated, and how to use it when trading. What Is the Chaikin Volatility...
Hello traders, AUD/USD has been struggling to clear the 0.6620-0.6650 resistance zone. We have observed multiple bearish candlesticks on the hourly chart. So, if price continues to struggle here, there could be a potential short opportunity with initial target at 0.6550 level. Keep in mind that this is the hourly chart, so even if you sell, consider taking...
Considering the behavior of the price in the resistance range and the recent downward wave, it is expected that the continuation of the downward trend will be formed according to the specified paths.
As you see the movement is testing the broken level and the the pullback is completed. By the strong bearish candle I decided to open a sell short position.
Here I have AUD/USD on the 1Hr Chart! Our two current Lows @ ( .9498 ) on Wed. April 10th and ( .9456 ) on Fri. April 12th show an interesting underlying story when it comes to our indicators! 1) Looking to the RSI and comparing the Lows to Price on the chart, we can see that the RSI is showing a STRONG Divergence meaning Price could potentially be looking to...
Hello hello, guys! We have a new week ahead. Here is my analysis for my bias moving forward. For those who are lazy, I am basically bullish on the Dollar and bearish for XXXUSD pairs. But I suggest going through the video as I explain how I came to this bias as well as offer analysis for each of the major Forex pairs. We are in turbulent times, so trade safe out...
The Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6554 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.6600 which is a level that sits above the 61.8% Fibonacci retracement. Take profit is at 0.6486 which is a...