AUD/USD Attempting to Retest Downtrend-Line (DAILY) Breaking down this Chart I marked horizontal Daily Levels which have rejected in the past.
Then I marked the obvious down trend-line, Highlighted the multiple rejections.
Currently it seems as if we are retesting, and may have found temporary support.
Personally going to wait for the trend-line to be met OR the green support level to be met before I decide to take a position.
Thanks for taking the time to see this let me know what you think!
Audusdidea
AUDUSD Sell Order Depleted, Buy OpportunityLast week, price is ranging from bear engulfing candle seen in h4 time frame till lowest level of last 2 week trading session. There are 2 possibilities happened during last week session:
1. seller try to hide their sell position for further drop or
2. buyer begin to show their interest and start to buy
I decide to long this currency based on the fact that price drop on Tuesday 21 March 2019 for over 50 pips is countered by bull buying this currency until it break the highest level point on Tuesday 21 March 2019.
I spotted a good place to buy at FL level happen on Friday 24 March 2019. This FL occur after the break of Resistance level and contain bullish engulfing candle seen on H1 timeframe.
Happy trading. TAYOR (Trade At Your Own Risk)
AUDUSD Weekly Harmonic BAT Analysis and StrategyThis pair is currently trading at a major weekly support (blue zone) and is forming a Harmonic Bat Pattern. We are predicting the Harmonic Bat Pattern will be completed and we are looking for price action to move towards the upside from this point. FX:AUDUSD
AUSTRALIAN DOLLAR/U.S. DOLLAR to BUYMarket nearing a change in trend for a buy.
RSI signaling oversold area at 40.
RSI reading 20-40 is in the oversold area.
Wait for the bottom to get in on buy.
DISCLAIMER;
Trading carries risks, ideas are for guideline purposes only.
Do set stop losses when trading & be generous with how much room allowed for candle wicks.
There is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
AUSTRALIAN DOLLAR/U.S. DOLLAR to BUYChart is an expectation of market setup via harmonics.
* Market in trend change trend for a buy.
* RSI signaling oversold area currently at 38.
* RSI reading 20-40 is in the oversold area.
Considerations on where to collect profit;
* Pattern D breakout can sometimes finish its run at TP1.
* Chose your entry point wisely via indicators, etc.
DISCLAIMER;
Trading carries risks, ideas are for guideline purposes only.
Do set stop losses when trading & be generous with how much room allowed for candle wicks.
There is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
AUDUSD SWING TRADE - LONGFor quite some time AUDUSD has been travelling in a horizontal channel. It has been bouncing up and down in between the zones marked out above. Price has started making some higher highs, meaning that we could be seeing a rally to the top of the channel. We expect price to come backdown to test the black trend line marked out above before making it's rally up.
WE HAVE BUY LIMIT ORDERS AT OUR ENTRIES MARKED ABOVE, WE WILL KEEP YOU UPDATED ON THE TRADE IF anything happens
AUDUSD - BUYFX_IDC:AUDUSD
I am demo trading and documenting my progress. This is not intended to be a buy signal !
Ascending Trendline Structure on 4H
Possible Retest of 4H Support - BUY To 4H Trend Line Structure
Buy Limit - 0.70040
SL - 0.6979
TP - 0.7069
Second Position - Buy Stop - Dependant Upon Market Structure At That Point
SL - 0.70450
TP - 0.71360
Change Is ComingUsing Gann techniques and extending time using geometric ratios you'll find a confluence of vibrations grouping very near the spring equinox. Taken by themselves either of these signals would indicate a possible change in trend, but together the signal goes from possible to probable.
AUD USD LONG ! THANK YOU TRUMP! AUD USD, Thanks to Trump, for giving a great opportunity for a long.
A retest of the Trend line
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Retest of 0.71550
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61.8% FIB aligned with 0.71550 and the trend line. Increase the success probability of the set up
I hope this trade help you guys.
All of the best
TRADING PROTECTION
AUDUSD - Trade Idea AUDUSD looks pretty bullish on Weekly and Daily chart. And I'm going to take that trade. If we switch to H4 chart, we can see that the price rejected from short-term trend line, which means that we can see some pull back down to the 0.7150 zone. So my trading idea is:
AUDUSD BUY 0.7160 - 0.7115
SL 0.7060
TP 0.7300
TP2 0.7390
TP3 0.7490
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