Audusdbuy
AUDUSD 9 months Resistance Breakout!AUDUSD is battling for a breakout, a 9 months old strong resistance trend line has been broken and the second strong psychological resistance at 7.3000 is also broken but the battle is not over yet, there is another strong resistance ahead at 7.336 which also needs to be broken in order to go to the moon. keep an eye on it.
After that extensive Bullish move, i expect price to ...Price moved bullish strongly and broke the resistance at the .71492 zone. Price then moved to another significant point in the market where it found resistance where price started to pullback. I see price retracing back to .71642 before potentially moving bullish again to .73536.
If you want to take this trade, wait for a full bullish reversal candlestick pattern and risk no more than 1% on your trade.
SL - .70959 ( The red line)
Happy trading all :)
AUDUSD - BEER :) TIMEGOOD WEEK ON AUDUSD PROFITABLE TRADES
FOR US.
THIS SHOULD NOW GO BACK DOWN
AND TEST THE PREVIOUS LOW. SHOULD IT BREAK
THE TOP THEN THAT INVALIDATES THE SELL
Also Stoch RSI is going into Overbought territory.
Be ready to jump in for a sell if you are not in already
See previous analysis
SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
AUDUSD - ANOTHER UPDATE FOR YOUAUDUSD has retraced (EXTENDED AS PREDICTED BEFORE)
to Fibonacci retracement level of 0.236 as previously surmised. i expecting the bulls to rally in within the next
10 days (my opinion)
Also Stoch RSI HAS NOW BROKE UP
See previous analysis
PLEASE LIKE, COMMENTS AND FOLLOW FOR MORE
AUDUSD - BUY, BUY BUY ZONEAUDUSD has retraced to Fibonacci retracement
level of 0.382 as previously surmised. i am not
expecting the bulls to rally in within the next
10 days (my opinion)
Also Stoch RSI is going into oversold territory.
Be ready to jump in for a buy if you are not in already
See previous analysis
like, comment and follow
AUDUSD analysisAUDUSD quick analysis
Strong bearish momentum on this pair for a good period now.
Just broken out of its little consolidation zone, look for a sell to hit lower zone.
Buys should be waiting for the bears to die out around the .70000 psychological zone.
but nothing is guaranteed.
be patient. let the markets come to us and kill on a proper opportunity.
overall strong bearish trend i dont see the bulls coming into play for another day or so, but we'll have to see what happens.
from this strong impulse i am waiting for some sort of relief to happen (profit taking) so market can continue to make another LH , then continue to make LL.
have a good week people.
cheers.