Audusdbuy
Weekly Market Forecast for - AUDUSDDear Traders,
The AUDUSD uptrend that began last November looks tired.
I wrote about the possibility of a head and shoulders pattern, and my stance on that hasn’t changed.
However, like any topping pattern, we need confirmation.
For the AUDUSD, that means a daily close below the 0.7650 region.
That would confirm the bearish reversal pattern and expose 0.7500.
The measured objective of the pattern (if confirmed) is just below 0.7300.
Alternatively, a move above last week’s high at 0.7850 would negate the bearish outlook.
Disclosure: I hold an AUDUSD short position.
If you like this idea/analysis, kindly press the Follow & Like button and support us.
AUDUSD 4H TIMEFRAME Welcome to BittuFX - Trading 🎯
AUDUSD 4H TIMEFRAME!
AUDUSD BUY - 1.77350
🎯TP - 0.77546
🎯TP - 0.77855
🎯TP - 0.78709
📈SL - 1.76740
BittuFX - Copyright © Reserved
Use Min Risk ( Don't Use High Lot size )
Leave us a comment or like to keep our content for free
Have a great week everyone! ❤ - Bittu -
AUD/USD - PICK UP THE TREND! (BUY POTENTIAL)Technical Overview: - AUD/USD
Check out our previous posted analysis
Recently we had seen the Australian Dollar get stronger and we had been waiting for price to sell off.
Last week we mentioned we are looking for long positions after taking out marked level as "fuel"
we had seen bullish week previously, after tapping into our marked sell zone we anticipated a sell which led us down again into smaller time frame discount areas.
This week we would love to see bears take control and bring us back down again into great buying areas!
We marked potential buy zones the lower being the better, due to our strategy, we can look to trade longs in both zones and exit as intraday
Price can react off the first buy zone and intraday long then follow up and go lower the next day, that's why an intraday strategy must be in place.
HTF suggests downside but the outer structure remains bullish targeting last highs created few weeks back.
Keeping it simple with fundamentals, stimulus had been officially passed this means more printing of the Dollar...
We do not update our weekly analysis frequently on this site!
From a smaller time frame we are expecting to continue this bullish run however we are not able to enter unless we get price falling down to our buy potential points of interest.
If you have missed or were not able to enter from previous analysis, we will need to see the potential this week before we can buy to our ultimate target riding this bullish momentum.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
AUDUSDAUDUSD - LONG SETUP
Price is on an uptrend , since it made a higher high breaking the previous resistance , waiting for the formation of the higher low for our Buy setup.
50% on our Fibonnacci retracement ,
We see price touching the trendline three times, anticipating price to move higher
H2 Morning star candlestick formation shows Bullish momentum
AUD/USD - CLOSE TO OVERSOLD (BUY AREAS)Technical Overview: - AUD/USD
Check out our previous posted analysis -
Australian Dollar had been bullish for a long time following the printing of the US Dollar
The more you have of something the less valuable it becomes, the feds had been printing day and night and they are not planning on stopping any time soon..
Just recently stimulus package was passed in the senate house leading to more printing, while the DXY can squeeze into highs, the outlook remains bearish
Higher Time Frame - Last week we tapped into our buy zones after selling off and causing slippage due to NFP, on Friday late in the week
we may see this bullishness carry over from this zone and continue to possibly see more bullishness over the week but for us to get a new entry we need to see lower pricing
ideally in the lower zone
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
AUDUSD - SWING - 08. MAR. 2021Welcome to our weekly trade setup ( AUDUSD )!
-
1 HOUR
Bullish price action and market open..
4 HOUR
Bearish market structure at support level.
DAILY
Market reacting, expecting more upside pressure..
-
FOREX SWING
BUY AUDUSD
ENTRY LEVEL @ 0.77000
SL @ 0.76340
TP @ 0.78130
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUD/USD Potential Move To The 0.7880 Mark 🚀 🚀 🚀Description :
A top down analysis on the AUD/USD pair using price action. We started our analysis using the daily time frame to see the bigger picture and then we moved to the 4 Hour time for execution. 💡
-------------------------------------------------------------------------------------
Please press “Like” if you appreciate the trading idea 👍
“Follow” for more trading ideas in the future 👀
“Comment” below to share your thoughts with us and other traders 👥
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
AUD/USD LONGAUD/USD has been in a ascending channel , respecting both the green trend lines.
In the 4 Hour time frame I can see an inverted Head and Shoulder that has formed in the key resistance area . This indicates that the price will increase.
I expect the price to retest on the yellow resistance area, then continue its uptrend whilst respecting the the channel
.
AUD/USD Multi-Timeframe analysis (UPDATE)Hi Traders
Quick Update
H4 Chart
Target 1 at 0.78522 has been reached. We closed 50% of our position and have moved the stop loss at the lock-in-profits level at 0.77726 . Provided the market conditions will remain the same Target 2 will be reached soon.
Support Resistance
0.77552 0.77708
0.77119 0.78044
0.75630 0.78522
AUD/USD Multi-Timeframe analysisHi Traders
AUD/USD Multi-Timeframe analysis
H1 CHART
A very low probability, entry signal to go LONG was given at 0.77726 after the market completed a bear trap reversal pattern. Only the downward break of 0.77215 would cancel the bullish scenario.
Support & Resistances
0.77578 0.77737
0.77234 0.77868
0.77058 0.78044
H4 CHART
A low probability, entry signal to go LONG was given at 0.77726 after the market found support at 0.77215 . Only the downward break of 0.77215 would cancel the bullish scenario.
Support & Resistances
0.77552 0.77708
0.77119 0.78044
0.75630 0.78522
DAILY CHART
The market is approaching the resistance at 0.78193 . We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance is the 0.79418 level.
Support & Resistances
0.77879 0.78193
0.76654 0.79418
0.75630 0.80442
WEEKLY CHART
Waiting for a retracement lower towards the 0.74128 support level, in order to reinstate LONG positions. Next important support is the 0.69903 level.
Support & Resistances
0.74128 0.78193
0.69903 0.80846
0.55060 0.87733
AUD/USD MORE BUY OPPORTUNITES!Technical Overview: - AUD/USD
Check out our previous posted analysis
As mentioned, we have tapped into our POI which is where was buy orders resting from the big suits and ties
Many people don't realize the amount of R:R they can make by simply following simple rules.
We do anticipate price to come down to give us a chance to enter targeting upside.
If you are a seller it is a good time to sell, but we want to be be trading with the flow and it is currently up.
From a smaller time frame we are expecting to continue this bullish run however we are not able to enter unless we get price falling down to our buy potential points of interest.
If you have missed or were not able to enter from previous analysis, we will need to see the potential this week before we can buy to our ultimate target riding this bullish momentum.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
AUD/USD AT ResistanceThis has hit take profit on my previous posts for this pair. Now looking for a move that will give another chance the re-enter a long. Either this will continue to rise through resistance and then when it retraces and tests that level as support a long can be entered. Or it will retrace from the current price and offer a lower level to enter, although this is riskier as it will still need to pass resistance.
TP - 0.80662