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Audusdforecast

🎁BUY AUDUSD at the best place and price🚀🔰You can see the analysis of Australian dollar to US dollar in one hour time frame (AUDUSD_ 1H) 🔍🧨 💥Considering that the price was able to break the Down trend line🖤 and pullback🧡 to it three times, and also considering the price movement in a bullish parallel channel💜, if the price can reach the DEMAND zone, it can experience an increase up to the SUPPLY1 zone🚀🔺 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 _______📈TRADER STREET📉_______
Long
by TRADER_STREET
AUDUSD - SellHello traders! I'm sorry I haven't heard back here for a long time, but I backtested a new strategy that helps me enter in really precise places, according to the previous trading style, I always mark the same buy/sell zone principle, with the fact that today I have much more accurate entries, see analysis , where you can also get inspired at what price levels I will continue to look for trading opportunities! I am currently in an open sell position because we are still in a downtrend, but it is quite possible that the price after such a long decline may go into a countertrend for some time and therefore I am willing to look for buying opportunities in the marked zones. I would also like to add that I hit the first TP according to the rules in the comment and now I am risk free in this sell trade. IMPORTANT WARNING: --------------------------------------------------------------------------------------------------------------------------------------------------------- Rebounds from marked zones created by trading positions of large institutions such as banks or various financial funds may not create new HH or LL and therefore it is very important to collect partial profits at least according to these rules. This will help you to keep your equity curve constantly growing and protect your funds from big drops if the price unexpectedly turns against you. But the decision is only in your hands. I personally prefer setting up multiple TPs , here's an explanation: 1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns 2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE 3) 5-10 :1 means bonus money with rest of trade volume (again 25%) Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
Short
by TraderDominik
6
AUDUSD Forecast: The extended move has ended. Hey trader, I hope you having a profitable week! The price is about to complete the bearish head and shoulders extended move. It will confirm that after it has closed with a bullish reversal candle pattern that will probably bounce off the Mini Weekly Neckline. The reversal candle pattern may lead to a bullish reversal pattern formation that will start an uptrend probably after its price has bullish broke and retested the 2nd Monthly Key Lvl and 8 MA. If the price bounces off those key levels with a bearish reversal pattern (or candle pattern) after forming the bullish reversal patter, we further drop may to the Monthly H&S Neckline may occur. That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section (below), I'd love to know your thoughts! Stay Blessed, Sphatrades.
by Doji-2k1
AUDUSD This my own view on AUDUSD, earlier price has done its first extension from 0.6248 to 0.6343. and dropped back down our major area of support here is 0.6248 and price is currently trading above it, if this continues i will be looking for Buying opportunities at this region back up to 0.6343 then on getting to the resistance which is 0.6343 the reaction there will determine if the trend will continue upwards to 0.6430 the last scenario here is if the current support fails to hold expect further drop downwards
Long
by ForexAlpha7