GBPAUD,🔴Sell opportunity🔴
Well since the price hit the daily order block mean threshold and grabbed the liquidity above the previous day's high it created a high probability sell opportunity for us.
💥Please pay attention: in this scenario, we need LTF confirmation. We should not enter as a limit order.💥
💡Wait for the update!
🗓️27/02/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
Auddollar
AUDUSD Sell 400 pip opportunityAUDUSD at a pivotable point. AUD news coming out in less than an hour. Watch for a break under this wedge and trend line. If we get a break and close under, expect price to start falling towards 0.6800 area.
Patience is key, wait for the right confirmations before entering.
Good luck trading! Let me know how I can help.
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
GBPAUD Up 300 pips, 300 more to go - Bull SignalGBPAUD bounced off weekly up trend line as expected. Trade signal profited 300 pips.
Look to reenter at up trend line on 4hr time frame.
Expecting this trade to go up to 1.8050 area. (Still 300 pip opportunity)
Good luck!
Charles V
CVFX Management
Trading made Simple
AUDCAD Move to the DownsideAUDCAD retested back of up trend line (red line) and bounced off perfectly.
Target 0.94377
Long term target @ 0.9300 but we will need a break of the downtrend line (purple line)
Good luck trading!
Let me know how I can help. Feel free to comment or message for any questions.
Charles V
www.cvfxmanagement.com
Trading made Simple
EURAUD Consolidation Zone - Buy Signal 200 pipsEURAUD has been in consolidation zones for the past 2 months with upward direction.
Indicators:
Daily RSI in strong buy zone.
We are at the bottom of a consolidation zone acting as strong support.
Entry @ current price area of 1.6345
TP @ 1.6545 area (take profits in 50 pip increments)
Good luck trading. If these trades have helped you, please help like these analysis so more people can benefit from it.
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
AUD/USD daily- Consolidating within a Symmetrical Triangle.AUD/USD daily- Consolidating within a Symmetrical Triangle.
Most likely a bearish breakout- Since the US10y treasuries have already broken downwards out of its Symmetrical triangle on the daily chart. The AUD/USD and S&P500 index will follow suit.
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.68.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6835.
TP4: R2=0.6855.
Set the stoploss of these orders at breakout of S2=0.679.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.679.
In this situation, there is an expectation to reach the target S3=0.6725.
Set the stoploss of reverse orders at breakout of S1=0.68.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great buy opportunity in AUDUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6735). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Take Profits:
TP1= @ 0.6830
TP2= @ 0.6905
TP3= @ 0.7000
SL= Break below S2
Don't miss the great buy opportunity in AUDUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6735). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Take Profits:
TP1= @ 0.6830
TP2= @ 0.6905
TP3= @ 0.7000
SL= Break below S2
AUDNZD 2nd impulse is comingWe have been waiting for the second impulse on AUDNZD for awhile.
Range hasnt broken out yet and I am looking for an INV head n shoulder here on the lower timeline. If we fail to hold here price will fall below the solid line but I am a buyer of AUSSIE. Lets see how it goes I will be waiting for a right shoulder to form and a kiss pullback at 68% if we are lucky. I was in this with a small lot size of .01 but have adjusted with a buy limit at .10 around the right shoulder formation zone.
I will wait for price to be back above the 200 and 100 MA as well or closely ready to jump back above depending on how price moves here.
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.694.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.698.
TP4: R2=0.7.
Set the stoploss of these orders at breakout of S2=0.693.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.693.
In this situation, there is an expectation to reach the target S3=0.6865.
Set the stoploss of reverse orders at breakout of S1=0.694.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.704.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.7065.
TP4: R2=0.708.
Set the stoploss of these orders at breakout of S2=0.703.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.703.
In this situation, there is an expectation to reach the target S3=0.6965.
Set the stoploss of reverse orders at breakout of S1=0.704.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.707.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.7125.
TP4: R2=0.7145.
Set the stoploss of these orders at breakout of S2=0.7055.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.7055.
In this situation, there is an expectation to reach the target S3=0.6985.
Set the stoploss of reverse orders at breakout of S1=0.707.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.714.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.719.
TP4: R2=0.721.
Set the stoploss of these orders at breakout of S2=0.713.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.713.
In this situation, there is an expectation to reach the target S3=0.7065.
Set the stoploss of reverse orders at breakout of S1=0.714.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
A second Chance to Buy in AUDUSD...Midterm forecast:
While the price is above the support 0.7080, beginning of uptrend is expected.
We make sure when the resistance at 0.7380 breaks.
If the support at 0.7080 is broken, the short-term forecast -beginning of uptrend- will be invalid.
We will close our open trades, if the Midterm level 0.7080 is broken.
Technical analysis:
The RSI bounced from the support #1 at 39 and it prevented price from more losses.
A peak is formed in daily chart at 0.7295 on 01/31/2019, so more losses to support(s) 0.7085 and minimum to Major Support (0.7080) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 49.
Trading suggestion:
There is still a possibility of temporary retracement to suggested support line (0.7080). if so, traders can set orders based on Price Action and expect to reach short-term targets.
If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.7080).
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.7085
TP2= @ 0.7150
TP3= @ 0.7230
TP4= @ 0.7300
TP5= @ 0.7380
TP6= @ 0.7445
TP7= @ 0.7575
TP8= @ 0.7655
TP9= @ 0.7805
TP10= @ 0.8135
TP11= Free
A second Chance to Buy in AUDUSD...Midterm forecast:
While the price is above the support 0.7080, beginning of uptrend is expected.
We make sure when the resistance at 0.7380 breaks.
If the support at 0.7080 is broken, the short-term forecast -beginning of uptrend- will be invalid.
We will close our open trades, if the Midterm level 0.7080 is broken.
Technical analysis:
The RSI bounced from the support #1 at 39 and it prevented price from more losses.
A peak is formed in daily chart at 0.7295 on 01/31/2019, so more losses to support(s) 0.7085 and minimum to Major Support (0.7080) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 49.
Trading suggestion:
There is still a possibility of temporary retracement to suggested support line (0.7080). if so, traders can set orders based on Price Action and expect to reach short-term targets.
If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.7080).
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.7085
TP2= @ 0.7150
TP3= @ 0.7230
TP4= @ 0.7300
TP5= @ 0.7380
TP6= @ 0.7445
TP7= @ 0.7575
TP8= @ 0.7655
TP9= @ 0.7805
TP10= @ 0.8135
TP11= Free