The trade is going to the upside. Structure broken on RSI daily. Price just lagging atm. Looking to stay in for a bit. Target to blue line or break of structure. I laddered in on the turquois lines last couple of days.
AU has been a bit choppy lately but market structure has been A1. With AU currently respecting the weekly higher low/support at 0.65224 we could expect longs to happen IF price can give another higher high and retest 0.65800. This pair is at the bottom of my watchlist so we’ll see. I only trade the same 5 pairs.
hello everyone, the price reached strong support level, the price will likely correct soon. today the strength of dollar picked up causing AUD fall.. overall, its hard to say if AUD will remain bullish for long term. The price structure is in downtrend, AUD could fall after correction if dxy remain bullish good luck
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.65212 which is a pullback resistance that is bounded by the descending trendline. Stop loss is at 0.65452 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at...
Expecting a strong buy to the 0.68000 zone, after creating an inverse head and shoulder, breaking the trendline, coming back for a retest before the buy continuation
Expecting a strong buy to the 0.68000 zone, after creating an inverse head and shoulder, breaking the trendline, coming back for a retest before the buy continuation
price had a bullish move earlier and is now currently at a structure zone generally i'd like to to see a 2nd retest of structure and if price fails to break resistance we could possibly see a move to the downside for about 40 pips
Shortside upcoming. Due to technical and fundamental reasons I see southside for AU
Breakout of trendline, hoping for a retest n' then a bullish run. What do you think?
The AUD/USD pair lacks any firm intraday direction on the first day of a new week and seesaws between tepid gains/minor losses through the first half of the European session. Spot prices currently trade around the 0.6520-0.6525 area, unchanged for the day and remain well within the striking distance of a nearly three-week low touched last Thursday.
OANDA:AUDUSD BUY position can be taken in the specified area There is no position before the area
This is my current view. A lot of supply, liquidity and imbalance has already been taken. This is a great moment to look for shorts What do you think? 2WT = 2 Way Trap LQP = Liquidity Pool
The Australian dollar has posted strong gains on Wednesday despite a weak GDP report today. In the North American session, AUD/USD is trading at 0.6562, up 0.90%. Australia’s economy ended 2023 on whimper rather than a gain, as GDP rose just 0.2% q/q the fourth quarter. This was lower than the 0.3% gain in the third quarter and missed the market estimate which...
65090-166 entry Third zone 56277 will open traders orders. Sellers at 65300 If the 66 was a sell I'd look for this as a specific range for idea to turn fully bearish on a return of price Target slow trend 5635-550 TP 3 5669 Tp4 56800 Tp5 56990 Pattern looks like a reversal pattern before continuing downwards
AUDUSD was on a downtrend.. as you can see they is a trend breakout and the market has retest the support area zone. we have a good bullish momentum trend
very simple trade i am waiting for as we can see we have price respecting an area of structure it already has respected once and dropped now we have another possibility for price to respect structure again and if it fails to break and create a HH we can possibly see another drop...