Market reversed from daily high and broke structure zone and traded to the downside. This has potential to trade further down, though we are currently waiting for a 1H Bearish set up to enter short.
Testing Key Support (In Shape Of trendline) Rsi Printed Massive Bearish Divergence Incase Of Breakout Expecting 100 to 120 Pips Bearish Move
AUDUSD H4 chart analysis. Hope it is possible to extract profit from the chart. It will benefit.
If the market manages to breakout of the up trend, then that will be a clear sell.
We can see in the 4H charts price was in a consolidation phase after sharp move of upside. But Price failed to hold above the major level of resistence and breaks below the bullish trendline. We are runing about 90 pips
DIAMONDS patterns are classificated as reversal and continuous patterns. AUDUSD examples a Diamond Top reversal pattern on its hourly chart. The Price is currently trading below Breakout: 0.70794. Diamonds Patterns are very reliable and provide an excellent targets criterias Entries: Trade below the Breakout: 0.70794.(execute with a confirmed Trend) Stops:...
Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud, However, the price breaks the ascending trend line, and head into the cloud. Looking at the sell entry at 0.70344, take profit at 0.68720 and stop loss at 0.71427. Please be advised that the information presented on TradingView is provided to...
AUDUSD is trading an ascending triangle above the the Breakout: 0.68933. The price is trading at the 61%: 0.69941 from the breakout near the 1st set of target 62%: 0.70560 Targets1: 62%: 0.70560 79%: 0.71023 Target2: 127%: 0.72291 162%: 0.73197
correction of the impulse in ending and now is making another impulse to the upside. Long position from the analysis
AUDUSD took liquidity from the monthly high and has shown a potential reversal via a break of structure. Monitoring this point of interest to scale in a short; ideally we would see a second break of structure for double confirmation. AUDUSD has been in a strong uptrend so additional confirmation is useful. Targeting liquidity objectives below.
- Possible bearish pullback price movement towards the support 0.68200 within the next period.
AUDUSD fluctuated at a high level and went down, and the short-term market formed a potential top pattern. At present, you can pay attention to the resistance around 0.708. If the rebound encounters resistance, you can consider shorting, and pay attention to the vicinity of 0.6975 below.
I shall respond with a ticket for the upside. IF this is broken. It will flow to the downside. So risk small. It's a small timeframe. It could swing, be aware and manage well. All the best
AUD USD, We are on a uptrend, with structures in between, so I worked this analysis out then spotted, a pattern that we can use to sell with a tight stop loss then apply TP1, 2 and 3 before the market turn to a different pattern.
- AUD/USD seesaws around seven-month high, fades upside momentum after a five-day winning streak. - Mixed details of Australia’s Q4 Export-Import Price Index, PPI probe Aussie pair buyers. - Cautious mood ahead of the Fed’s preferred inflation also acts as an upside filter. - RBA versus Fed drama, easing economic slowdown fears underpin bullish bias.
Looking at the H4 chart , my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy entry at 0.70424, where the 38.2% Fibonacci line and overlap support is. Stop loss will be at 0.69371, where the intermediary support is. Take profit will be at 0.72656, where the 78.6% Fibonacci...
hello to all, I share with you the technique of analyzing the charts with 80% accuracy