Audusdbuy
AUDUSD to reverse from downside confirmation, potential drop!
AUDUSD to reverse from its downside confirmation at 0.67124 where it could potentially drop further to 0.66840.
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AUDUSD Seems like finished A leg of ABC correction I think AUDUSD had finished A leg of an ABC Correction and now we can go long with good risk to reward ratio.
You can trade based on your own confirmation around the area.
We also provide daily comment of any changes depending on wave count.
For now :
Entry Point : 0.6735
Stop Loss : 0.6705
Take Profit : 0.7030
Note: follow my updates for possible change of the setup in future depending on price action and wave count
AUDUSD Bullish Trend with 2 TP Options I am posting this chart hoping to see FX:AUDUSD remain in an upward trend.
This charting is based on Trend lines (Shown in yellow) as well as long term support found in the blue rectangle
The blue rectangle has been an area of support for FX:AUDUSD in the past for higher time frames.
This most recent turn of the market towards a bullish market is a good confirmation to me that I would be looking to buy
I've listed 2 TP Options at
0.70140 (160 PIPS)
0.70650 (200 PIPS)
My Entry would be in the range of 0.68385-0.68845
I would expect a little hesitance around 0.69285 before pushing towards TP options
This is not a recommendation to take this trade based on my charting, & for educational purposes only
AUDUSD, lots of bullish confirmationsEverything seems to be prepared for a long entry on # AUDUSD .
High Volumes in the past, visible on H4 (dec-11)
Wave Bullish Pattern (Impulse Up / Channel Down) on 1h Timeframe
Point 4 of a higher pattern on Daily
Bullish Trendline
Bullish Multidivergence
Fibonacci 61% Confirmation
We really don't know what we need more...
Entry point 0.6818
SL 0.6798
TP1 0.68390
TP2 0.6918