The reasons that push me to sell this pair include a sub-trend touching the upper channel, resistance on the large frims, the pair is exhausted from the upside, and the buyers are still in the process of closing the buying positions. The four golden rules of trading 1 Don't be greedy 2 Always use stop loss 3 Never add other positions to the losing positions 4...
I'm waiting for the candlestick pattern check back at 1.7809 for the Bullish Bat pattern. I see this as a rebel trade as I believe that most traders are waiting for a shorting opportunity, I have a different view on this. Let's see.
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: Yaely time Frame this is a current bearish solid trend even from 2002 to 2020. the massive volume also included in the selling side, according to the big picture, no chance for a reversal already best-ranging market 2 📆Monthly: another established bear trend proper higher lows current market is in a...
Short term Elliott Wave View in GBPAUD suggests the rally from 9.26.2022 low is unfolding as a zigzag Elliott Wave structure. Up from 9.26.2022 low, wave ((A)) ended at 1.8199 and pullback in wave ((B)) ended at 1.7456. Pair resumes higher again in wave ((C)) which subdivides into 5 waves impulse Elliott Wave structure in lesser degree. Up from wave ((B)) low on...
we only look out fo r long setups... This is a possible move whenever this happens, we have our entry.
Please this is not a financial advice rather its an aid to guide you towards the markets possible direction over the next few hours... #fx #trading
✅AUD_CAD went up to retest a horizontal resistance Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-CAD went up sharply And retested a horizontal resistance So a bearish correction is likely With the price moving down To retest the target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! AUD-JPY broke the key level Then went down and is now retesting it So I am bearish biased on the pair And I think that it will go down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
✅AUD_JPY is trading in an downtrend And the pair was making a bullish correction But is now retesting a horizontal resistance level From where I am expecting the pair to go down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello everyone, we are currently running two PROFIT trades on EURAUD and we see a nice bullish pressure from daily candle. If you want to take this trade, we share a possible ENTRY.
Hello traders! ‼️ This is my analysis on AUDCAD. Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalances lower and then to reject from bullish orderblock. Like, comment and subscribe to be in touch with my content!
On EUR/AUD is nice to see strong sell-off from the price 1.54870 and 1.55420, there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Downtrend + Strong volume...
Price violated the area and wiped the liquidity, we looking to take sells...
After the persistent bearish channel the market started to move in a volatility contraction pattern to the upside... Now we’re currently at a pretty much significant area, from here we wait for price to slightly violate this liquidity zone to price 0.91385. After the retracement then we should expect an aggressive bearish movement targeting price 0.87583 which is...
may be a good idea to sell audchf now ..............................
Hopes of further easing of China’s Zero-COVID stance keeps sentiment underpinned The positive risk tone continues to weigh on safe haven currencies, while high betas AUD and NZD lead the majors to the upside. Consequently, AUDJPY continues to test the 93.00 handle to the upside, while AUDUSD continues to grind above the 0.67 handle and NZDUSD above the 0.62...
Using bespoke support and resistance levels and single currency baskets. Selling the BC leg of a Crab formation. Entry 0.6410 stop 0.6428 target 0.6358.