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Audusdlong

Where Too Start Buying AUDUSD ??We are quickly approaching key areas on the AUDUSD with a huge Monthly DEMAND/BUY zone that was created in 2020 after the flash crash at the start of this zone we also have a untested Weekly DEMAND/BUY zone starting around 0.616 this is where i will look to start buying this pair. I will wait for my indicator to give a BUY signal on daily charts as we enter this price area and target the previous MONTHLY support around 0.662 this will be a first easy target for buyers and will also be an area that could attract large sellers to come back into the markets to push lower into the 2020 Monthly DEMAND/BUY. The intial stop loss will be under the weekly DEMAND/BUY zone its a tight weekly level that if the signal occurs good risk/reward.
Long
by TheFxAce
AUDUSD AUDUSD is currently at a support zone, but if u look close i have to price tags there, this simply means price has a high probability of breaking 0.6390 and going down to the lower support which is at 0.6364. if price continue to trade above 0.6364 then i will be looking for buying opportunities at the point to the upside, targeting 0.6510 as my first target. if price gets to 0.6542 and breaks it, then i will continue to hold till thee second target 0.6650 am generally looking out for 200pips to 270pips from this trade set up and you will be risking very little for a huge reward 36pips stoploss
Long
by ForexAlpha7
AUDUSD - Long OpportunityGood evening traders! (Well, it's evening here in the UK), The market opens soon, and I've been looking into this pair for a potential long opportunity. Not the most confirmation- a fairly risky trade. But I'm still going to take the punt with low risk, entering with a tight SL and risking 1%. The reason for entry has been explained in the chart using annotations- I hope this is clear for everyone! We'll see how this works out. Thanks for taking the time to read! - SilencedTrader *Disclaimer* I am not a financial advisor. This post is strictly for educational purposes only. Trading involves substantial risk of loss and is not suitable for every investor. Protect your capital at all costs. Enter anything I post at your own risk and discretion.
Long
by LearnTryEarn
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