AUDUSD was trading under the declining trendline. The price was reacting well the support and resistance of trendline Currently the price has given the breakout from declining trendline with confluence to strong bullish divergence and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target could...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Here is my analysis for AUDUSD 04/05/2024 This is what happened prior & what I think is going to happen next. My predictions are shown in this shot.
that the market is rigged. Not by nefarious actors bent on dominating the world, but by the humanity all participants naturally possess. We are a group of people who trade variety of assets, and we cannot avoid the implications of the group component. There is a large measure of mass psychological force that influences the way prices move and levels to which...
Massive inverted HS building up to break out the triangle. Aussie is correlated to Gold, and the US Dollar will suffer from the monetary policies of the FED. This trade is not for everyone. If you are a day trader probably it will be frustrating for you. It could take months to play out. Open a long position and add at every pull back. We will have a fight at the...
AUDUSD easy buy to the daily start touch. also maybe there is a market structure shifting hapening, beacuse he broke the previeuws low he made his way free
AUDUSD sell ideas based on three timeframes (4h, 1h and 15m): The price already hit the 4h bearish order block + hit the fib retracement golden zone In 1h timeframe, the price already form the 1h bearish order block (followed with 3 consecutive bearish candles) and lately the price already hit the OB and made a rejection Ideally the price will make...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Hello,Friends! The BB upper band is nearby so AUD-USD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.652. ✅LIKE AND COMMENT MY IDEAS✅
My dear friends, My technical analysis for AUDUSD is below: The market is trading on 0.6581 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.6616 Recommended Stop Loss - 0.6529 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65900 zone, AUDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 065900 support and resistance area. Trade safe, Joe.
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1 time-frame - Price action is at a Consolidation Zone - Aiming for the 50% Fibo retracement to TP Fundamental Confluences for Trade: - US yield differential against AUD will support USD - China's economy is still struggling to improve and dampening AUD's growth potential ...
price went down to a major support and rejected it showing signs of a reversal and the DXY is looking to pull back for correction so I am Long on this pair
Price is rising towards a resistance level which is a pullback resistance that aligns with the 78.6% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.65493 Why we like it: There is a pullback resistance level which aligns with the 78.6% Fibonacci retracement. Stop loss: 0.65866 Why we like it: There is a pullback resistance...
AUDUSD Outlook Analysis Week - 6 May 2024 Daily - Range / Bullish Cloud (D) - Above Cloud Weekly - Range Cloud (W) - Within Cloud Mid Term - Range 20 x 50 D SMA - Below 50 x 200 D SMA - Above Notes: RBA Jan 24 - AUD FAIR VALUE ~ 0.6800 ______________________________ Trade Identification Area of Interest Buy @ 0.6500-0.6550 TP @ 0.6650-0.6750 SL @...
There was a Daily BOS on the Monday market Close Weekly Rejection Candles at AOi Structure is now Bullish Entry at Weekly and Daily AOi Daily EMA retest Daily Rejection Candles at AOi Previous Daily Structure Point H4 Rejection Candles at AOi 85% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
The price is moving in a downward direction to establish a possible pattern. This pattern is only drawn for a schematic view and it may move down in a different direction. Money management is mandatory.
Cup and handle pattern in AUDUSD Pair observed. It is highly likely that the bullish pattern will continue.