Cup and Handle formation on a daily timeframe Price is currently sitting just above the handle so I expect a small pullback and then price to continue upwards and trend along the line on the handle shown Cup and handle is a bullish pattern , but not the strongest, when compared to a falling wedge .
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bearish flip underway pn XAUDAUD. 5-0 pattern and whyckoff
XAU AUD looks close to breakout. ascending triangle setup on the daily chart. the debasement of the AUD by the RBA is still in place to slowly deflate this asset bubble. Govt is now competing with the private sector in the labour market. why work when i can get a hand out. each year means more retirees who get $1000/FT to do nothing. migrants bring their parents...
Here is another potential trade idea on XAUAUD if we get a confirmation signal.
We have clear long bias upto 2727 on #xauaud. Though we are staying at HTF supplies but minimum we can catch some pips by following the said area. Best of luck
Didnt wanna share but its become addictive to share my trades and my friend watching these closely so meh im in XAUUSD BUT XAUAUD SHOWING A NICE OPPORTUNITY SENNA SEASON
Expecting direct bearish move in XAUAUD to 2627.. touching a verified resistance zone. take profit in patial. Use your own analysis to confirm
XAUAUD - Bullish reversal within a larger Ascending broadening wedge.
Entry = 50 FIB Level, Trendline get broken Target/TP = 88,6 FIB Level/Resistance = Hell Blue Zone I get a burnout at my analysing, fck the system Indicators: TDIGM Divergence "Cryptojesus" (Different Setings), Smart FIBO (ZigZag Lines for Patterns, make the chart invisible and only use), Support and Resistance Levels with Breaks Stay focused and watch through...
Possible drop to at least 2611.716 , cancellation if break of the support 2643.769 . This does not constitute a solicitation to trade.
Short structure in multiple time-frames. Structure break at M15, I expect a small pullback before a new short.
XAUAUD - Bullish flag and pennant formation. Prices likely to breakout out upwards from flag.
2730 target hit and I expect a revisit. Overall: Currently ascending channel pattern: mid term bearish until it breaks the lower or upper supports. Which it has, but we are looking for confirmation of the invalidated channel. Also a nice chunk of volume on the last bullish move which shows big market interest. RSI showing reversal divergence on the daily but a...
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this is what i expect form xauaud... look for a sell limit at 2499.00 nd take your profit at 2495..... it can go a way more down but secure some profit there at 2495