Market Analysis of AUDUSD
A) *Strong supply zone, Start of bearish momentum.
__ A.1) 2nd Possible start of Bearish Movement from Supply Structure Zone.
B) *TL#1 Strong Down Trend
C) *TL#2's Fan out out w/ current current down trend
D) *Retracement to D.3 (TL#1), Market will switch to Bullish
__ D.1 - D.2) area where...
Simple Price Action Analysis with Fundamentals where Reserve Bank of Australia Assistant Governor Kent Spoke and stated Aussie did not weakened much due to the ->> interest rate cut. #PricaActionAnalysis
Yes AUDUSD is going on an uptrend at the moment, but we have been riding the retracement correlating to the monthly time frame. We can see that it's doing a complex retracement and now it will shoot down. Another observation is the head and shoulder pattern it has been creating. but once it falls it will fall!!!
Stay in that objective state of mind! Lets...
EURJPY can move 2 ways- short until trend and launch on a long position, or rally from actual price at the moment. Both are beautiful positions for an increase in equity. Fundamentals and technical look beautiful. Stay blessed, keep increasing that equity curvature and lets 211 these banks!
Fundamental-Economic Calendar: Market Composite PMI & Services PMI for...
Simple Analysis, Callled it out it was going to short from 47,400 area then I am forecasting it will rocket up in a long position from 41,225 area. Beautiful head and shoulders pattern on the 4H TF. Stay in that traders mentality mind set. Like, comment, follow. Thank You!
In my previous publication I explained how I forecasted this trade idea, Unfortunately I broke a house rule and my publication was hidden, (Completely my fault) Here I will copy and paste the data explaining how I analyzed this beautiful long position which gave us 400+ pips by Friday.
"Creating market structure and seeing that EURAUD had been in tis low area of...