AUDJPY Pinch AUDJPY is pinching and getting tighter which will force a move in either direction. Use the bottom red arrow line as support to hold the price action up. Don't trade bearish until the price breaks below the red support line.
ACE
ACE/USDT - A perfect Buying Opportunity!?After there was a major break above the key resistance, we could see a consolidation phase. Moreover, the price has gone down quite substantially and currently is right at the support uptrend trendline.
This is truly a good risk/reward buying opportunity, while we might be seeing a strong upside swing is about to begin.
Ace Trading Academy - AUDJPYFull Breakdown and Analysis AUDJPY
Monthly - 1 Hour breakdown
Currently in a downtrend making lower highs and lower lows
Also Currently in a retest looking for a push downward
ACE at good risk to reward for SWING to Short-TermHello Friends,
Swing position can be made on ACE looking at good risk to reward ratio after triangle breakout.
Ace Trading Academy - AUDUSD Sell OpportunityAUSUSD has broke below a heavy used support/resistance zone and we are now looking for AU to use that zone as a resistance point and push down lower from that zone. More confirmation for a sell is AU has pushed down lower from the trend line and respected that also pushing down. Be looking for sell opportunities!
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Updates will be posted soon!
Ace Trading Academy - AUDUSD Potential Bearish BreakAUDUSD has been on a short bull run respecting the trend line drawn out on the chart. The price has broke below the trend line and is now retesting the trend line. If the market stays below the trend line after a retest be expecting a drop to the point marked on the graph (.70450). Wait for a close of the candle below the breakthrough point for entry! Stay patient and happy trading!
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Updates Posted Soon!
Ace Trading Academy - AUDUSDTrade SetupAUDUSD is currently in a bearish flag pattern. It has now broken out of the ascending channel and has retested it and broke structure going downward. We can continue to see it pushing downward towards .71000.
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Ace Trading Academy - AUDUSD Precise Trading PlanAUDUSD is currently at a deciding point. The price has been bouncing from the .72000 to .73000 major points. It has recently pushed down from the .73000 back to .72000 and is now rising back towards .73000. As of right now we want to see an hourly candle close above the support zone and show confirmation towards the upside. Shown on the chart there is a 1 hour breakthrough zone marked out, we want to see price breakthrough that point and that will be confirmation for a buy going up.
If price doesn't close above the support zone its at right now we could see a retest to the retest zone shown on the chart or a retest back to .72000 then a bounce up from there.
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Will Keep You Updated With Future Trades
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Ace Trading Academy - Audusd Analysis Current Trading Plan 1HrAUDUSD has been bouncing between a support and resistance zone which is marked on the chart in the consolidation box drawn. We want to see AU break through the .72222 zone before entering any buys with a break and a retest. As of right now I wouldn't recommend trading inside of the zone wait for a break of either the top light blue zone or a break of the golden zone. On the break of either direction wait for confirmation going that direction.
TP 1 for a buy is .72430 which is the black upper box.
TP 2 for a buy is .72750 which is the purple box.
Purple = Daily Zone
Light Blue = 4Hr Zone
Gold = 1Hr Zone
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Check out Linked Video for full breakdown analysis
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Ace Trading Academy - AUDUSD Full BreakdownWatch this video! This video has everything you need to trade AUDUSD successfully this week. Video explains a top down analysis monthly to 1 Hour with all the trading zones, patterns and tools to use. This is a trading plan so use this video to your advantage throughout this week!
Daily - Purple
4 Hour - Light Blue
1 Hour - Gold
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Ace Trading Academy - AUDUSD 30 minute analysis, chart patternCurrently on AUDUSD the 30 minute time frame is forming a shoulder head shoulder formation. How to trade this pattern is you wait for a break of the neckline which is the bottom line there and is labeled on the chart. Once the chart breaks and theres a candle close you can either enter there or wait for a retest of the neckline then enter off of that. Once it breaks the support box below we want to wait for a retest and enter for a sell going to the next support below or to the bottom of line of the channel it is in right now!
Note: If it pushes above or to the top of the head in the pattern the SHS is not valid. If it does that wait and see if its going to bounce or push through the resistance zone. Be patient and wait for confirmations!
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Will be keeping updated analysis of the trading plan!
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Ace Trading Academy - AUDUSD Analysis Current Trading Plan 1HAUDUSD has pushed up from the support line I have drawn and said in my last post. Currently AUDUSD is making higher highs and higher lows so be watching for that pattern. AUDUSD is currently inside of a channel. Trade inside off this channel until you see a break of it. Expect it to touch the top of this channel then push down off of it. Once theres a break be expecting a retest of the channel then for it to continue in the direction it was going when it broke.
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Will be following AUDUSD all week with up to date analysis!
Ace Trading Academy - AUDUSD Analysis Current Trading Plan Currently AUDUSD is pushing downward and we want to see AU atleast push down to the support line drawn out on the chart. At the point we will make another decision to see whether price will bounce off of the support going back up or push through the support line. If it pushes through the support line going down look for it to complete its whole move and push down to the 4 hour sell target box around .71000
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Will be posting Updated Analysis for this trade as moves are happening!
Ace Trading Academy - GBPJPY Sell SetupGBPJPY has broke below the 156.641 line posted in my recent GJ analysis. Look for sells down the the resistance box. At the box be patient and see what the markets next decision is. If it pushes lower be looking for it to go to the next resistance zone.
Ace Trading Academy - AUDUSD Sell IdeaAUDUSD had bounced down from the resistance zone and is now heading lower. Could enter now or wait for a break of the .71500 zone and wait for a close of the candle. If it doesn't break the .71500 line and retest back up to the resistance point be patient and wait to see if it bounces off the resistance point once more. Once the candle closes below the line which is drawn on the chart at .71500 look for AU to push to the bottom support zone around .71000, which is shown as a box, which will be completing its move.
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Ace Trading Academy - GBPJPY Analysis and SetupGBPJPY has currently bounced off of the .5 fib to push lower. We want to see GJ push down to the support box below. Confirmation that it is pushing is a candle close below 156.641 which is marked on the chart.
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Will have updated moves when the time is right!
Ace Trading Academy - 1hr Current Trading PlanAUDUSD is current pulling back from its long push down. We want to see AUD push up to the Support/Resistance box around .71800 and make our decision there. Currently we will be using the box as a resistance box but if the market pushes through the box use the fib to see the possible retracements it could push down off of. If it doesn't push through the box and bounces off of it be looking for it to complete its push down and push lower around the area .71000.
Will be updating once it gets time to make a move!
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Ace Trading Academy - Trading Zone & Trading Plan Currently 1HrAUDUSD has broke below and uptrend line and retested back to that same trend line and has bounced up and hit the resistance zone and is now bouncing back down to hit the support zone box it was at. Could enter for a sell now or wait for a break of the bottom zone which is the recent support zone box and for candle close. Once bottom zone gets broke make you could make your decision there and be looking for a retest once it breaks then a push down.
Ace Trading Academy - AUDUSD Analysis Current Trading Plan Right now AUDUSD is at a strong support/resistance but didn't break through it. It has bounced up off the support zone so we can see it retesting to the previous resistance zone seen in the box. Don't trade inside the zone unless you want to catch the retest to the previous resistance box. Overall downtrend so we are looking for sells currently but wait for the retest and push back down. Patience is key on this trade! Wait for a break of either zone to make a decision.
Ace Trading Academy - 30 Min Precision Analysis & ZoneAUDUSD has pushed down to the next support. We will wait for a break and close of the support to enter a sell. Overall bearish market so will be looking for sells. Could draw fib tool to get more accurate picture of the retest that going to happen from the support zone.
Ace Trading Academy - Sell AUDUSD Current Trade IdeaAUDUSD is at a strong support but with the break of the support we want to see a push down to the next level below. Once it hits that area I will have another updated analysis. AUDUSD is bearish right now though. Like and Follow to stay updated!
Ace Trading Academy - General Weekly Analysis AUDUSD CurrentlyGeneral Analysis for AUDUSD overall from top down for the upcoming weeks. Right now we can see a small buy opportunity as explained in the video. But the weekly is looking like a sell as it rest on the .5 on the fib. Will give updated analysis as the week goes on!
Ace Trading Academy - 30 Min Precision AnalysisInside of a trading zone between the two boxes. Do not trade in between the boxes wait until a break. If it breaks above the top box wait for a candle close and prepare for a buy. If closes above it would complete a W pattern. If breaks below the bottom box then let it break and wait for a retest. It is at a strong support zone right now and could push up off of it. If it closes back inside the upwards trend go back to trading inside the trend until another break of it.
