It has entered the ascending channel from a descending channel and a powerful candle has been formed in the daily time and has crossed the ceiling of the previous descending wave. And it has crossed the powerful resistance line and has become a powerful floor and support. It is suitable for buying with a risk-to-reward ratio of 1 to 4.7.
Price is falling towards a support level which is an overlap support that aligns with the 50% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 1.90167 Why we like it: There is an overlap support which lines up with the 50% Fibonacci retracement. Stop loss: 1.89433 Why we like it: There is a pullback support...
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In time 4H, it is moving in an ascending channel. According to the previous analysis, he made corrections up to the target range of the bottom of the channel. 💎 But now, after the failure of the resupply zone, it has been directed to the floor of the channel, which, if supported in the green box area (the previous ceiling), can continue to move up to the midline...
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: As we can see here price is in a range for the last couple of days, so I expect we can see a manipulation of sell side liquidity and then price to reject from FIBO 0.618 level for distribution. Like, comment and subscribe to be in touch with my content!
Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.90600 zone, AUDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90600 support and resistance area. Trade safe, Joe.
AUDCHF - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short AUDCHF Entry Point - 0.6070 Stop Loss - 0.6103 Take Profit - 0.6013 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hi traders ..... I think AUDCAD can resume bullish trend on 4H time frame
Hey Traders, above is a technical overview on EURAUD and the most important zones to watch, we are watching EURAUD for a potential selling opportunity from the resistance area of 1.63100, We would also like to consider the current DXY weakness for potential dollar strength, the dollar is indirectly negatively correlated with AUD, when the dollar is weak stocks,...
Selling GBPAUD here as there is strong supply at current price. However, looks like price has eaten into the majority of the supply so half risk on this one.
AUDCAD made a 3rd touch of a bottom of an ascending channel and correctively formed a flag which it is about to brak
BUY GBPAUD buy gbpaud because of breakout and retest
I will be looking to take a sell trade from around the 1.91000 level expecting a trend continuation looking for price to fall into 1.86500 level over the next few weeks. From a technical perspective a long term trendline has been broken on the Daily / Weekly timeframe. The market is bearish on the monthly timeframe. A stop loss above 1.92000 would seem to be...
We have observed significant activity from Commodity Trading Advisors (CTAs), who have recently increased their long positions on the Australian dollar against the Swiss franc. This strategic move is supported by several compelling factors that suggest a potential upside for the AUD/CHF pair. Fundamental Analysis: One of the primary drivers behind this trade...
Welcome back! Let me know your thoughts in the comments! ** AUDJPY 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...
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.
My dear followers, This is my opinion on the GBPAUD next move: The asset is approaching an important pivot point 1.9037 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0899 About Used Indicators: For more efficient signals,...
Hey Traders, in the coming week we are monitoring AUDNZD for a selling opportunity around 1.09400 zone, AUDNZD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.09400 support and resistance area. Trade safe, Joe.