The price make nice break out for short trade with many confirmation on it, as you all can see channel pattern from daily price already touch the upper resistance channel pattern with nice breakout from the flag pattern and resistance area. The price also make nice big red candle confirmation so i assuming it will low as target. Remember your money management !
โ AUDJPY is falling heavily. The price is moving in a downtrend. Now the price is being adjusted and moving up. After the end of the movement, you can wait for the fall to continue.โ ๐ SELL scenario: short to 94.4.๐ ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only...
AUD pairs are weak but worth watching this 4h demand zone if it will hold. Goosdluck!
I think it's pretty clear it's going in a downtrend. I feel like it will go down to the trend line below because it has been tested multiple times before. It overall looks like a triangle pattern as well. In a lower time frame such as 1 minute you can spot a head and shoulders pattern in current time.
I'm bullish EurAud for quite some time and with the pair building a strong base in the 1.4750-1.48 zone, this bullish outlook is reinforced. Yesterday's fall was quickly reversed exactly from this zone and as long as this level provides support, the odds are in continuation favor. I expect acceleration to the upside and the 1.53 resistance zone could be the bulls target
Wednesday, the Federal Reserve made a much-anticipated decision about monetary policy: it raised interest rates by 3/4 of a percentage point. The Fed chose to boost the target range for the federal funds rate by 75 basis points, to 3 to 3.25 percent, because it aims to achieve full employment while keeping inflation at 2 percent in the long run. The Fed's third...
Price testing local resistance + 200 DMA + .38 retracement Stop 1 ATR above the 200 DMA @ 0.68 TP - support lines up with fib ext levels ~ 0.656
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
55 pip SL, targeting 1:3RR. I am trading a continuation on this downtrend based off S-Zone, Support broken/turned Resistance, and some EMA crossovers for the retailers.
FX_IDC:GBPAUD Hello everyone! ๐ Let check the trading idea for GBPAUD ๐ค Not making anything difficult everything is pretty straightforward. ๐ 1. Price goes ABOVE the selected range on the picture. Long positions to activate. ๐ข ๐ 2. Price goes BELOW the selected range. Short positions to activate....
We recognize a Bearish Cypher pattern on EUR/AUD on the Resistance Structure. The RSI shows a DIvergence and the Stochastic it's just exit out from the overbought. We are Looking for a SHORT trade.
after we had an uptrend and a breakout of the range and the confirmation of the pullback we take the sell position
EURAUD The correction in wave 2 is coming to an end. We expect the correction to end at the 61% level at 1.4972 prices or the 78% level at 1.5163 prices until it completes the wave (ii).
AUDCHF (4h) has formed a head & shoulder and has broken down from this head & shoulder with a middle man. The price already tested multiple times the neckline and created series of lower highs signaling further breakdown. As the long term is down and monthly, daily and weekly price action is bearish, It is highly likely price will continue to drop and a sell trade...
We went short for EURAUD almost a month ago which was amazingly successful. Looking at the market now looks to be trending Bullish. As always #fingerscrossedtrader
The AUDCAD price is in Bearish Head And Shoulders Pattern ๐ง the Neckline is broken โ so, i predict a bearish move ๐ TARGET: 0.87824 ๐ฏ ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
EURAUD long trade has alerted this morning. Trend trade identified and entered. Working H1 timeframe on this strategy. Trade details can be found on the chart in printed label. Working to TP targets on the printed label. Trade box is tracking the trade. This 1:2 RR trade needs to find 121 pips for desired TP target. Want to know how I identified this trade...
โ AUDCAD moved up to the resistance level. The price has stopped and is preparing for a reversal. A fall is possible.โ ๐ SELL scenario: short to 0.888.๐ ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.