New week! This is a trade within the orderflow. RR is 2.88 - it has broken upside twice, and will look for a return up. Overall I am looking at a sell though - especially when the buy is complete Enter at your own discretion, this is just an idea.
Here is my view for GBPAUD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDJPY may turn to continue its bearish path once again, it all depends on the news in the upcoming day, but here's my analysis...
AUDCAD has been on a downward move for some time now, i think it will continue that path after getting rejected by the resistance line.
GBPAUD stands at the moment in good support area, Good entry for long position traders However if it breaks current support area then next downside target would be 1.7025
Watch For A Retest At Price Level 1.45743 for a short opportunity.
Global PMIs remain unchanged from last week: Eurozone and Canada are weakening US, UK, Australia, and Japan remain unchanged Taiwan has deteriorated markedly, China and South Korea are weaker as well Overall there’s a lot more red now than during the previous months
Engulfing Candlestick pattern formed on the Trend Line.
This setup have 1:2.76 risk:reward ratio, if you dont want to wait you can take profit your position when hit pullback area.
It can be a QM pattern so you have 2 entry point, take profit area in the strongest 1D resistance.
Welcome back! Let me know your thoughts in the comments! **NZDCAD - 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...
AUD / CHF ( Australian Dollar / Swiss Franc ) Technical Analysis Chart Update Time Frame - H1 According to the Long Time Frame #LTF we have #Falling_Wedge Pattern and it is Rejecting from the Lower Trend Line #LTL and the Previous Resistance Level with Strong Bullish Price Action We have strong Buying Divergence in #RSI as well In #LTF it is Following Corrective...
The pair has been on an uptrend since last week. It is now OB on H4, H1, M30, M15. The pair is showing divergence on H1, M30 and M15. There is also a pattern to sell at the high of last week.
CONFIRMATIONS - Price is currently in an uptrend. - 50 moving average is not under price. - Waiting for price to bounce off of my fib. - Oil inventories are coming out this week as well. - Price should break this short resistance at the top rather than test support. - Kind of neutral on my RSI but this still might be a possible buy position.
Price closed below the trend line. Enter short positions.
Last week price started to trend up, but reversed once it reached 1.47000 previous high. It went down to test our significant zone. I will wait for the price to react to our trendline.
AUDJPY Neutral idea Weekly Trend: Bullish Daily Trend: Ranging 4Hour Trend: Bullish Trade scenario 1: Overall we are bullish on AJ but we have been seeing a ton of ranging on the daily timeframe and now we can see some choppiness happening here on the 4hour. The most likely scenario is price action rejecting 95.000 resistance and heading lower. Trade scenario...
✅AUD_NZD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅