AUDJPY - Looking Toppish! BIG Drop Inbound!All JPY pairs look like they're at the very top of their patterns.
AUDJPY is currently confined within a parallel channel and we're at the very top of the pattern.
We are now looking for any reversal signs on lower timeframe to indicate that the top is in. There's a number of ways this can be done.
1. Trendline Break
Watch for price to break a trendline that price has been respecting
2. BOS
Watch for price to break a significant swing point
3. Moving Average break
Watch for price to break a moving average that has been respected well
Any of these could be the first signs that the reversal is taking place. If we get more than 1 signals, it will give us even greater confidence that the reversal is taking place.
These methods can be applied to any timeframe.
For the higher timeframe, the break of red trendline shown in the chart can be used as an indication that the reversal is taking place.
What do you guys think?
Goodluck and as always, trade safe!
AUD (Australian Dollar)
AUDCAD - 4hrs ( Buy Trade Target Range 120 PIP ) Pair Name : AUD/CAD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
Key Technical / Direction ( Long )
Type : Mid Term Swing
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Bullish Break
0.92100 Area
Reasons
- Major Turn level
- Visible Range Hvn
- Pattern Break
- Visible range Hvn
- Fixed Range Lvn
- D / Week High
Bearish Reversal
0.93500 Area
Reasons
- Major Turn level
- Major Choch
- Pattern Target
- Fibo Golden
- Visible Range Area / HVN w
AUDNZD - Opportunity for a long trade !!Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I expect price to make a retracement to fill that huge imbalance lower and then to reject from bullish order block + institutional big figure 1.10000.
Fundamental news: Upcoming week on Wednesday (GMT+3) we have news on NZD, we will see results of CPI and on Thursday (GMT+3) we have Unemployment Rate on AUD, news with high impact on currency.
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AUDCAD: Easy 200+ Pips Bullish Buy! What do you all think? OANDA:AUDCAD
Price has failed to breakthrough previous lows anticipating large volume of buyers to enter in the market, which will help us gain 200+ pips . Please use accurate risk management while following this idea. Do your own research too.
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Team SetupsFX_
EURAUD Weekly Analysis and OutlookEURAUD Weekly Analysis and Outlook
This week, the EURAUD pair has been consolidating, moving within a range, and showing signs of preparing for a significant move. Traders are closely observing the pair as it approaches a crucial resistance level.
Current Market Overview:
The EURAUD has been in a consolidation phase, moving sideways for an extended period. Despite this range-bound behavior, the overall market sentiment appears to be shifting towards a potential breakout. This is supported by the accumulation of buying pressure near the resistance zone, suggesting a bullish outlook.
Expectations and Potential Scenarios:
As the EURAUD approaches the key resistance level, several scenarios could unfold, which traders should prepare for:
Primary Expectation:
Bullish Breakout: If the EURAUD successfully breaks above the resistance level, it is likely to trigger a strong upward movement. This breakout could open the door to higher price levels, offering traders potential opportunities to capitalize on the bullish trend. In this scenario, the pair might target subsequent resistance levels, reinforcing the positive outlook.
Alternative Scenario:
Resistance Rejection: However, if the EURAUD encounters strong resistance and fails to break through, a temporary pullback might occur. This would allow traders to reassess and look for entry points at lower levels before the upward trend potentially resumes. Monitoring the price action closely at this resistance zone will be crucial to anticipate this scenario.
Conclusion:
In summary, the EURAUD pair is at a pivotal point, with the potential for a significant breakout after a period of consolidation. Traders should watch for a decisive move above the resistance level, which could signal continued gains and a shift to a bullish trend. Keeping an eye on both bullish breakout and corrective pullback scenarios will be essential for effective trading strategies. Stay updated with market developments and adjust your positions accordingly.
By Piptera Digital Solutions,
Invest Wisely!
EURAUD I Wait for breakout of descending triangle Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBPAUD I Short from resistance zone followed by more growthWelcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBPAUD Hit our previous target, now sets course for 1.87250.The GBPAUD pair is trading almost exactly as we expected it to on our most recent analysis (June 04, see chart below), as after an initial rise, it got rejected on the Lower Highs Zone and declined to hit the 1.89100 Support (which was our Target) again:
It is at the moment on a rebound, which according to the October - November 2023 fractal that we believe is replicating, should be the last before a final test on the 1-year Higher Lows trend-line.
As a result, we will sell again after a 1D MA200 (orange trend-line) test, and target 1.87250 (Higher Lows trend-line).
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GBP/AUD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
It makes sense for us to go short on GBP/AUD right now from the resistance line above with the target of 1.900 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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GBPAUD Under Pressure! SELL!
My dear subscribers,
GBPAUD looks like it will make a good move, and here are the details:
The market is trading on 1.9038 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.9001
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
BULLISH AUDNZDSorry Tradingview Family I forgot to post this idea sooner but on my analysis Sunday EST before the market opening I saw a bullish engulfing candle on the one-hour which turned out to be a part of a double top formation that eventually gravitated to the downside for a retest of the double bottom neckline which resulted in a quick trip to the moon currently running in profit
Follow me here and like and comment for more ideas !!
YAH BLESS YOU ALL AMEN
AUDCAD BULLISH SIDE MONEY HEIST PLANMy Dear Robbers / Traders,
This is our master plan to Heist AUDCAD bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
AUDCHF Will Go Higher From Support! Long!
Please, check our technical outlook for AUDCHF.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.605.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.606 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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AUDNZD Two levels to sell for the long-term.The AUDNZD pair gave us a strong sell-and-buy double signal last time (June 03, see chart below):
However it did manage to invalidate the Symmetrical Resistance Zone sell bias and even broke yesterday above Resistance 2 (1.108600), which has been holding since February 20 2023.
In order to make sense of this move, it is best to view it on the wider 1W time-frame. As long as the 1W candle is closing below Resistance 2, then the action remains a sell, targeting 1.08000 (0.236 Fibonacci level).
If the 1W candle closes above Resistance 2, we will take the loss immediately and sell at the top of the Channel Up with the same Target (1.08000).
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Bearish reversal?AUD/CHF is rising towards the resistance level which is a pullback resistance that aligns with the 127.2% Fibonacci extension and could reverse from this level to our take profit.
Entry: 0.60815
Why we like it:
There is a a pullback resistance level which aligns with the 127.2% Fibonacci extension.
Stop loss: 0.60992
Why we like it:
There is a pullback resistance level which aligns with the 161.8% Fibonacci extension.
Take profit: 0.60287
Why we like it:
There is an overlap support level.
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AUD-CHF Will Keep Growing! Buy!
Hello,Traders!
AUD-CHF is trading in an
Uptrend and the pair made
A bullish rebound from the
Support of 0.6040 which
Reinforces our bullish bias
And makes us expect
A bullish continuation
Buy!
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Check out other forecasts below too!
AUNZD I Impulse correction phase Welcome back! Let me know your thoughts in the comments!
** AUDNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
AUDCAD Will Go Down! Short!
Please, check our technical outlook for AUDCAD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.919.
The above observations make me that the market will inevitably achieve 0.915 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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AUD/JPY Flirting with Record Highs; Eyeing Higher LevelsThe Australian dollar (AUD) is on a tear versus the Japanese yen (JPY) and displays little sign of slowing, with the AUD/JPY currency pair recently refreshing all-time highs of ¥108.60 after rupturing the ¥107.86 peak formed in 2007.
All-Time Highs and H4 Ascending Triangle
Regarding current price action, ¥107.86 will likely be viewed as a potential support level. Moving across to the H4 timeframe, you will note that after the pairing ventured north of ¥108.00, buyers and sellers have been busy carving out a potential ascending triangle, drawn from ¥108.58 and ¥108.03. In strong trending environments such as what we’re in now on the AUD/JPY, the ascending triangle formation is considered a continuation pattern. This means that a breakout to the upside is potentially on the cards, particularly as price is nearing the apex of the ascending triangle.
A breakout to the upside is usually traded in one of two ways: either enter long on a H4 close above the ascending triangle and take aim at the ¥109 region as an initial take-profit objective, or wait and see if price action retests the breached boundary as a support and enter based on that level holding, again targeting ¥109 as an initial upside objective.