Audusd-trading
✅AUD_USD BUYING OPPORTUNITY|LONG🚀
✅AUD_USD is approaching a demand level
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bullish bandwagon just on time to get the best
Risk reward ratio for us
LONG🚀
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AUDUSD is extending break above the weekly cloudAUD/USD hits 10-month high above 0.76 handle, RBA leaves interest rate unchanged at 0.1% with positive economic outlook
AUD/USD is extending break above the weekly cloud and is poised for further gains. Next major hurdle for the pair lies at 110-month EMA at 0.7631.
AUDUSD: Important Breakout & Key Levels to Watch 🇦🇺🇺🇸
AUDUSD broke and closed above a resistance line of a major falling parallel channel on a daily.
With a consequent retest and positive bullish reaction, it looks like a bullish continuation will continue.
Here are the key levels to watch on AUDUSD:
Resistance 1:
0.74 - 0.743 supply area
Resistance 2:
0.759 - 0.762 supply area
Closest support - broken resistance of the channel.
If you missed a long opportunity,
consider the occasional retest of the broken channel.
For a pullback trade, let the price reach resistance 1 first.
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TRADE IDEA, SELL AUDUSDSWING TRADING JOURNAL
I'm bearish for AUDUSD, but i want to SELL HIGH
So, this is my plan
I will;
SELL AUDUSD after a little pulback (Green Box)
SL above the RED LINE
Final TP at Blue Box
Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bearish structure still valid
6. etc
No Profit Guarantee, Good Luck!
AUD/USD: Buy Trade From This Block 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