Audusdidea
#AUDUSD, Signal with short destinationsA descending channel with clear lines of support and resistance.
This is a signal that is trying to flow with the price correction.
The Ichimoku cloud in the daily graph has changed to a bullish graph.
The Stochastic Indicator in Oversold and the exact moment when it is best to buy.
Target: 0.6833
AUDUSD: POTENTIAL SELL AT TREND LINE RESISTANCEAs shown in the chart, AUDUSD has rallied to the Trend Line Resistance(Blue line). This area has stopped all the bullish movements in this pair so far this year.
So, traders can look for S ELL between 0.6925-0.6940 with SL above 0.6980.
TPs can be set at 0.6860, 0.6825 and 0.6750 respectively.
#AUDUSD, The Australian dollar on the way up?A descending channel that reminds us of a bit of the eurusd graph.
Here, too, every time the audusd touches the yellow line (200 moving average) the price goes down and down more than last time.
The target is 0.6950! There is a small obstacle on the way is the resistance of the Ichimoku cloud at 0.687.
Buy Signal!
AUDUSD SHORT and Short Trend IncreasedAUDUSD is in Short mode since 22.10. as 0.6860 has ben broken
Now today the journey to the south has been increased and got speed.
After the second support break there is no sign for a long.
I have marked inthe chart where we have to go
for a long.
Good trades
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Renkotrade
AUDUSD SHORT TERM LONGHey traders, this setup is going long for some short term pips.
-There has been 4 touches on this key support level, all of which have had stop loss hunts as seen by the long wicks & dips.
-There is very little demand that would keep it at these levels as seen by the volume profile.
-I see the green box as a nice target price for this short term long.
Watch out though as this trade may sit in this yellow demand zone for a little and maybe even try to get another stop loss hunt.
Just for the sport, quick AUDUSD long trade setup...On the daily chart we can clearly see a Higher High is been made. On the 4 hour chart we can see that price finds support @0.683, this could be a nice window of opportunity to get in a quick long trade to 0.691. For beginners who are new to Forex trading this is a nice setup to trade, very low risk if your trade size isn’t too big. You will see this setup unfold within a week.
Just be patient and enjoy the show!
#AUDUSD, Support and Resistance analysis.A definite downward trend.
The audusd ranges in the range of 100 pips in the event of a break to either side the recommendation is to buy/sell in the same direction.
For traders who like short-term positions, the recommendation is to buy close to 0.6740 and sell close to 0.6805.
After analyzing the dollar, we came to the conclusion that we are more bullish on the coins against the dollar because we believe the dollar should go down.