Sell AUD USDAUD USD making Harmonics reversal chart pattern at 1h timeframe If we get entry at 0.66092 we can make some good profitShortby EhtishamAhsan225
AUDUSD bearish momentumAlso the bulls are in control the daily timeframe shows a turn around is possible on the 2h time frame sell entry is at 0.659 which is 0.382 Fibonacci level I expect a fall back in that zone take profit is 0.655 which is a previous low of a wick, stop loss is right above resistance level. Stay updatedShortby EleazarahmathUpdated 4410
Lingrid | AUDUSD short from KEY ResistanceFX:AUDUSD is approaching the upper boundary of the upward channel. After breaking through the range zone and extending its upward momentum, the price is now facing resistance. On the daily timeframe, the market has repeatedly bounced off this resistance zone, leading me to believe that it will rebound again. The price action has formed a double top, followed by a pullback, indicating that bears are gaining strength. I expect the market to move up slightly before falling back down and continuing its consolidation phase. My target is the support level at 0.65860. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Shortby Lingrid5521
Aussie D1 | Heading into multi-swing-high resistanceThe Aussie (AUD/USD) could rise towards a multi-swing-high resistance and potentially reverse off this level to drop lower. Sell entry is at 0.6630 which is a multi-swing-high resistance. Stop loss is at 0.6682 which is a level that sits above a swing-high resistance. Take profit is at 0.6566 which is an overlap support that aligns close to the 50.0% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Shortby FXCM5
AUDUSD Bullish Capitalizing on a prime long entry for AUD/USD at 0.65816, chosen at the 38.2% Fibonacci retracement level. This entry is strategically strengthened by its proximity to the 100-period EMA at 0.6575, establishing a robust confluence of technical support. The prevailing market trend showcasing higher highs and an anticipated minor retracement underscores the timing for this setup, optimizing it for capturing the dip with a superior risk/reward profile. Longby Eleazarahmath5
possibility of uptrend 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 formedLongby STPFOREX3
Strifor || AUDUSD-10/05/2024Preferred 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. One can also consider a goal slightly above the level of 0.66460 , but one should not set the target too high, for example close to the level of 0.67000, as there is a high probability of a medium-term downward reversal. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Longby Viktor_strifor_analystUpdated 111
Strifor || AUDUSD-07/05/2024Preferred 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 assumes an increase from current prices, and our target is at the level of 0.66460 . Scenario №2 is less likely. In this case, of course, one needs to be careful, as a sharp imbalance may be in favor of the seller. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Longby Viktor_strifor_analystUpdated 113
The AUDUSD is in a Bullish trendThe AB=CD Pattern is shown in AUDUSD, where the Harmonic analysis indicates a long opportunity when the price breaks out of the previous higher high.Longby aakalu2
Audusd sell setup confirmation entryAs shared earlier this week. 🌟Price respected 1hr supply and... 1. Broke 2 lows (change of character) 2. Left fvg + supply We can look forward to anticipate sell position targetting weekly low before cpi relase next week.🤝Good luckShortby ZIPHO679
Heading to the discount liquidity on the channel bottomAussie had nice reaction from HTF levels during the NFP. Price is now trading on the middle band of the channel and is bellow the H4 IFVG. COT looks bearish. I would like to see just spike to the IFVG and return to the lower part of the channel. It will confirms me the continuation. Lower and its confluence with Bullish USD. USD confluence Last stage of accumulation before explosive up move to buyside Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Shortby Dave-FX-HunterUpdated 3
Elliott Wave Expects $AUDUSD to Break HigherShort Term Elliott Wave in AUDUSD suggests the pullback to 0.636 ended wave (2). The pair has turned higher in wave (3) with internal subdivision in 5 waves in lesser degree. Up from wave (2), wave (i) ended at 0.6432 and pullback in wave (ii) ended at 0.6407. The pair then extended higher in wave (iii) towards 0.655 and dips in wave (iv) ended at 0.6516. Final leg wave (v) higher ended at 0.6586 and this completed wave ((i)). Pullback in wave ((ii)) ended at 0.6464. Up from there, wave (i) ended at 0.654 and pullback in wave (ii) ended at 0.65. Pair resumed higher in wave (iii) towards 0.6647 and dips in wave (iv) ended at 0.662. Pair then extended higher 1 more leg in wave (v) to 0.6649 which completed wave ((iii)). Pullback in wave ((iv)) unfolded as a zigzag Elliott Wave structure. Down from wave ((iii)), wave (a) ended at 0.66 and wave (b) rally ended at 0.6644. Pair then extended lower in wave (c) towards 0.6657 which completed wave ((iv)). Near term, as far as pivot on 4.19.2024 low at 0.636 stays intact, expect dips to find support in 3, 7, or 11 swing for further upside.by Elliottwave-Forecast4
strong AUD vs weak USD across the boardwe might not get a good pullback Potential Trade Opportunity: Currency Pair: AUDUSD Position: long Risk to Reward Ratio: 3R Trade Parameters: BUY LIMIT: Entry Point: 0.66142 Stop Loss: 0.66088 Take Profit: 0.66333Longby Intraday_Forex_by_WaelUpdated 1
AUD/USD Upside Momentum Continues, Daily Support Holds FirmHello 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. TradeWithTheTrend3344Longby TradeWithTheTrend33441
Potential bearish drop?The Aussie (AUD/USD) is reacting off the pivot which has been identified as a pullback resistance and could potentially fall to the 1st support. Pivot: 0.6622 1st Support: 0.6586 1st Resistance: 0.6643 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets118
✅AUD_USD BEARISH SETUP|SHORT🔥 ✅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!✅Shortby ProSignalsFx111
AUDUSD LONGMarket Structure Bullish on HTF Weekly and Daily at the same AOi Weekly Rejection at AOi Daily Rejection at AOi Daily EMA retest Around psychological Level 0.65000 H4 EMA Retest Candle stick rejection from AOi SOS 1:5.28% Entry Signal 95% A REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#BoostLongby mobbie_zwUpdated 4
AUDUSD Time for Short?Retail short position now is 91%!! in my opinion will see soon pressure on AUDUSDShortby M3STradeUpdated 334
AUD USD BUYIt'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) Longby ShlomoYahbes115
AUD/USDThe Bullish Butterfly pattern is another harmonic pattern used in technical analysis. It's similar to the AB=CD pattern but with some distinct characteristics. Here's how it forms: 1. **X to A**: The pattern starts with a significant price move (leg XA), usually in the direction of the prevailing trend. 2. **A to B**: This is followed by a retracement (leg AB), which usually retraces a significant portion of the XA leg. This retracement typically ends at or near the 0.618 Fibonacci retracement level of the XA leg. 3. **B to C**: After the AB retracement, the price starts to rally again (leg BC). This leg often extends past the starting point of the AB leg and sometimes even surpasses the XA leg's high. 4. **C to D**: Finally, the price undergoes another correction (leg CD), which retraces a portion of the BC leg. This CD leg typically ends near the 1.618 Fibonacci extension of the AB leg. The completion point of the Bullish Butterfly pattern occurs at the convergence of Fibonacci extension and retracement levels, typically around point D. Traders often anticipate a bullish reversal or a significant bounce from this level. As with any trading pattern, it's crucial to confirm the Bullish Butterfly with other technical indicators or analysis methods before making trading decisions. Additionally, risk management strategies should always be employed to mitigate potential losses.Shortby B9A-88652-NisarAhmad3
AUDUSD harmonic bullish reversalAUDUSD harmonic bullish reversal on 1H time frame making bullishby awaisriaz3330
AUD H 4 LONG AUD USD refusing 0.63 area in a sharp fashion and now after testing 0.66 it refuses to go short. Breaking out of 0.66 this time could create a rally towards the next roof. With DXY outlook completely changing after QT announcement and Grim labor market expected. if Labor market data keeps showing red and FEDS are left with no choice but rate CUT (S) . this could boost AUD USD very hard with the help of GOLD price hiking benefiting AUD economy. Best would be to have SL below 0.655 area to avoid market noise. Longby THE-real-DealUpdated 2
Idea from May 9: AUDUSD→ Alligator SECRET strategy signalHello traders, My focus today is on the AUDUSD currency pair. There is a very good opportunity to enter a trade today on my Alligator SECRET strategy. After the downward movement of the currency pair on H4, the price held below the Alligator where it finds resistance for the moment. The signal fulfills all conditions and entry requirements of my strategy and I expect in the coming hours a drop in the price to levels 0.618(0.6530) and 1.00(0.6490) of the Fibonacci Extention. Entry levels for a sell trade = 0.6575 - 0.6585. You can set your SL at the resistance zone 0.6630Shortby ESOchampion2