From the setup above we can see price is clearly on a downtrend on higher timeframes. We had a little bit of bullish pullback to previous level of supply. This was a 61.8% retracement on the Fibonacci level which aligned with the descending trendline. We have more than 3 confluences to look for sells from current price - Bearish trend still obvious - Price...
Daily & 4H charts #PERRPERSTONE:AUDCHF creating LL & LHs. So technically we are in a downtrend. But if we are looking at intraday setup 1H chart setting up for intraday basis buy setup. So we are looking for short-term buying for SWING SELL.
As we are in the #PEPPERSTONE:AUDJPY intraday downtrend we are looking for a possible sell setup. As we can see on the 1H chart liquidity swap is done & currently price is in consolidation mode. Next week I'm looking for Intra day basis sell setup
Looking for price to continue bearish. Price may break slightly below the previous day low and shoot back up to the top of Friday’s body before dropping back bearish. OR Price could just continue bearish from where it is now and break straight thru the Daily consolidation zone that it is in
Hey traders, Here is our technical analysis on AUDCHF. The level where the price is trading right now is major and the price will most likely retrace from that. ❤️ Please, support our work with like & comment! ❤️
Hey traders, in tomorrow's trading session we are monitoring AUDCHF for a selling opportunity around 0.642 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
EUR-AUD was trading in a local uptrend But then the pair hit a horizontal resistance at 1.48791 And after that, a bearish breakout Of the rising support happened So we are now locally bearish biased And we think that a move down is likely
This is just an idea, but an interesting idea! In any case, the pressure has eased considerably from the last high in prices. In any case, we can expect further recovery steps. So it seems as if the Fed's tactics are working - short. If we are dealing with a recovery here, it does not mean that we have to maintain this level. If OPEC continues to produce less,...
✅AUDJPY fell heavily, moving in a downtrend. The price has updated several lows. Now the price is moving around a strong support level. This means that an upward rebound is quite possible.✅ 🚀 BUY scenario: long to the 95 area.🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only...
Hey traders, Here is our technical analysis on AUDCAD. AUDCAD is trading within a supply cluster. Based on our stand point the AUDCAD will drop. ❤️ Please, support our work with like & comment! ❤️
Hey traders, in the coming week we are monitoring AUDCAD for a selling opportunity around 0.89000 zone, once we will receive any bearish confirmation the trade will be exeuted. Trade safe, Joe.
After the last roof, no new roof was built and new floors were built instead. It seems that the time has come for the end of the renovation. what do you think?
Hello, Friends! I was watching EUR/AUD for a while Waiting for this moment And now the price action On the lower timeframes Has given me what I was expecting to see Making me bearish on EUR/AUD mid-term! SELL! ✅LIKE AND COMMENT MY IDEAS✅
✅AUDCAD rebounded sharply from the resistance level and quickly reached support, from which it is already beginning its rebound. A reversal is possible at this level.✅ 🚀 BUY scenario: long to 0.891.🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes...
EURAUD breaK the uptrend and retest was also done successful so we can short the pairs
If price projects upwards to retest the trendline, then we should wait at the 0.89200 zone to go short until 0.88306. Always apply risk management
trendline 3rd bounce achieved along with rejections on 1.71000. looking for continuation to the downside, overall target 1.67000 and first target at 1.68000
The EURAUD pair recently broke above the 1D MA50 (blue trend-line) and came just one step before testing the 1D MA200 (orange trend-line), which caused (on July 01) the last major rejection. We can see the possibility of a Channel Up emerging, in the same formation as those of November - December 2021 and March - May 2021. Notice the similarities on the 1D RSI...