Audusdlong
audusd going long currently waiting for price to approach the bullish orderblock level before executing the trade set up . dxy overall market structure looking bearish as well . confluences : price broke the previous structure , there's imbalance waiting to be filled , and lastly bullish engulfing pattern . if price respected the bullish order block level , high chance that price will break the previous high and approach to the next key level
AUDUSD H1: Bearish outlook seen, further downside below 0.6920On the H1 time frame, prices are facing bearish pressure from the resistance zone at 0.6920, in line with the 61.8% Fibonacci retracement. A pullback to this zone presents an opportunity to play the drop to the support zone at 0.6820, in line with the graphical low and 50% Fibonacci extension. Stochastic is approaching resistance as well where we could see a further downside below this level.
AUDUSD Daily: 19/02/2023: Looking for buy!
As you can see, the price touched the supply zone and fell.
Now the price is in a very important area that can rise till resistance or even more, move up to collect liquidity and touch the low time frame supply zone.
So for that, it may rise from here or start an upward move around 0.67828.
Please pay attention to the details on the chart.
💡Wait for the update!
🗓️19//02/2023
🔎 DYOR
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AUDUSD - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on AUDUSD .
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. I look price to make a retracement to fill the imbalance and then to reject from bearish order block to open a short position.
‼️Attention!!! Due to the fact that we have news on USD & AUD tomorrow, the analysis can be invalidated.
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AUDUSD H4: Bearish outlook seen, further downside below 0.7020On the H4 time frame, prices are approaching the resistance zone at 0.7020, in line with the 61.8% Fibonacci retracement and 100% Fibonacci extension. A pullback to this zone presents an opportunity to play the drop to the support zone at 0.6880, in line with the graphical low and 50% Fibonacci retracement. Prices are holding below the Ichimoku cloud, and stochastic is approaching resistance at 95.24, supporting the bearish bias.
AUDUSD H1: Bearish outlook seen, further downside below 0.7000On the H1 time frame, prices are facing bearish pressure from the resistance zone at 0.7000 in line with the 50% Fibonacci retracement and 78.6% Fibonacci extension where we could see a further drop below this zone to the support zone at 0.68700. Failure to hold below the 0.7000 could see prices push higher to the next resistance zone at 0.71000. Stochastic is testing resistance at 97.25, supporting the bearish bias.
AUDUSD - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on AUDUSD .
After the change of character I started to look for short positions. My point of interest for a short position is around institutional mid figure 0.70500 if price fills the imbalance and rejects from there.
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Bullish outlook on AUDUSD: 8 February 2023Prices have broken above a key resistance zone at 0.6980 on the H1 timeframe. A throwback to this level, which coincides with the 38.2% FIbonacci retracement, could provide the bullish acceleration to the next resistance zone at 0.7050, which is in line with the 61.8% FIbonacci retracement. Prices are lying above the Ichimoku Cloud as well, supporting our bullish bias.
AUD/USD Powerful BUY Signal View....
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AUDUSD - Daily Trade Idea - 8-Feb-23AUDUSD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
💡 Don't miss the great Buy opportunity in AUDUSDHello to all
It seems that the rise of the Australian dollar against the US dollar will continue and I think it will reach at least $0.75. Until the drawn trend lines are not broken, you can think about buying.
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