20 REASON FOR SHORT AUDUSD 🤑TOP DOWN ANALYSIS OVERVIEW🤑
🧐Eagle eye: bear trend extremely
Monthly: the overall trend is Bear, but the current candle in retracement and retrace till filling our all FVG almost filled all gap areas, so in a broader view, we can say retracement is our
weekly: trend in Bear, but the current move is the retracement
1 Structure analysis time frame: the daily trend is to fill bullish; it is a counter-trend for monthly and weekly retracement almost done
2 target time frame: Daily
3 Current Move: move is an impulse with a change in guard situation excepted reversal
4 Entry Time Frame: h4
4.1 Entry TF Structure: higher low is formatted with a small distance that also signs a reversal
4.2 entry move: impulse
5 Support resistance base: previous h44 order block
6 FIB: trigger even at daily D1
7-candle Pattern: Downside momentum
8 Chart Pattern: double top
9 Volume: High volume on 1st top low at 2nd sign of reversal
10 Momentum UNCONVENTIONAL Rsi: RSI IS in bullish zome YET
11 Volatility measure Bollinger bands: M pattern is a formatted reversal
12 strength ADX: ADX is bullish, YET
13 Sentiment ROC: USD IS STRONGER than AUD according to the current market
14 final comment: We need An additional confirmation until the price Not comes down to 0.6718 Level, so we place an Alert for now. After the Alert, We can decide on our Next Move. But OUR ARE WE ARE SEEKING SHORT ENTRY ONLY UNTIL PRICE BREAKS HIGH According to H4 TF
15 : decision: Natural till confirmation
16 Entry:
17 Stop losel:
18 Take profit:
19 Risk to reward Ratio:
Excepted Duration :
Audshort
GBPAUD BULLISH OUTLOOKAustralian dollar fell after building approval data came at -17%, while only -5% was expected.
GBPAUD had broke the resistance of the falling wedge pattern. RSI is above 50 and MACD histogram is above 0 line, plus the instrument is above both its 20 and its 50 MA, which is a bullish scenario.
If this scenario continues, we might see increase of the instrument's price to 1.715, the alternative scenario is the price to return to the falling wedge support at 1.687
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This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading
AU BIG SHORT OPPORTUNITY - SWING TRADEAUD/USD Not looking good here. There is a strong key level at 68-69c that has acted as a huge resistance and support in the past going back years down the line if you take a look. We've created some real heavy bearish structure leading into this level and we just closed below it on the daily. IF the bearish trend continues, we could see a rejection of this level and what once was support will turn to resistance and i see no stopping it until the Weekly order block located below at my TP. Big R:R Trade. Risk Rating: 6/10
NFA DYOR.
AUDUSD 4/22 2:07AM PT- Heading toward .7253 in the short term..The price actions shows it is heading toward .7253 range.
I expect the price to head bullish after it bounces off this range.
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AUDUSD - heading toward .7415 in the short term.It has been a long short term trend.
According to my POV, it looks like it is a time for a pullback.
The price might hedge little higher but that is the price range I am expecting to hit.
I am anticipating it will come back down but will need to see the price movement to confirm.
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AUD/NZD ShortFeb 16
A perfect sell setup for the pair. as the Russia ,Ukrain uncentainty ways on hi beta currencies , we expect it to have a very negative impact on the AUD and thus pressure the pair. The market structure has a perfect WXY pattern that makes the pair very attractive for the coming even. good trade manangement required.
AUDUSD Ending diagonal SHORTThis post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading