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Audusdlong

AUDUSD, Sell Setup 300PIPS TargetHi Traders, AUDUSD is setting up for the next bearish run as we can see on the HTF, price is continuously making lower highs and lower lows moving within a larger descending channel. Price failed to push higher at 0.705 range, instead created a double top and a strong reversal impulse. On the LTF, price is moving correctively towards the upper boundary of the larger correction. I will be waiting for a bearish confirmation for a sell opportunity, if price breaks out of the channel I will be looking for a sell opportunity around the 0.725 range. Thanks Trade Safe
Short
by ktlfx
AUDUSD: Fight the Sellers 🥊The key structural support level around 0.70000 gave buyers a great base to buy from. Then another round of buyers entered once the mayor trend line had been broken. However, because of the larger amount of buyer liquidity, banks had to intervene and drive price down to stop all buyers out of the market. Buyers now believe they were wrong about buys and are slowly shifting their perspective to sells, this can be seen in the current market sentiment. Are banks going to make retail traders wrong twice? I like to go for a contrarian approach, I will be buying AUD pairs over the coming weeks for long term swings.
Long
by AlkalineFX
10
💵Australian Dollar/U.S.Dollar💵 Analyze!!The Australian Dollar is near the Resistance Line, and I expect to see the Bullish Marubozo candle that breaks the resistance line. And then the Australian Dollar goes up to Resistance Zones. Also. we can see the Regular Divergence (RD+) between Price and MACD Indicator. 🔅Australian Dollar/U.S.Dollar Analyze ( AUDUSD ) Daily Timeframe⏰ 🔴Resistance Zone🔴: 0.73$ until 0.725$ (First Target). 🔴Resistance Zone🔴: 0.76$ until 0.753$. 🟢Support Zone🟢:0.671$ until 0.664$. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
4
AUDUSD, wait for bearish confirmation.Hello Traders, Looking at the HTF we can see price is moving within a developing Descending channel which a lower low is anticipated with the short term growth of dxy in the next week. If we look at the LTF we can see that the price is correctively moving towards a double top range at top boundary of a smaller channel within the larger structure. Only with bearish confirmation will I then enter this trade, if price impulsively breaks above 0.7065 it will invalidate a sell opportunity and will further look for selling range near the 0.7230 range. Trade Safe Thanks
Short
by ktlfx
EURAUDMany traders see a trend continuation here, I still have doubts so let's close our short positions when market opens and join the long-term reversal. There are several reasons that support this buying scenario ⠀1. strong support zone confirmed with candlestick pattern 2. bullish momentum and very strong demand area 3. a completion of a 3-3-5 flat correction But we do not rush to buy, we wait for a correction outside the channel and confirmation ⠀ Only after that we will make a decision about further moves. TAKE a long @ 1.4769 TP 1 @ 1.5050 TP 2 @ 1.5275 TP 3 @ 1.5534 Protective stop @ 1.4639
Long
by oxxygee
AudUsd Retracement Buy- Daily >> Price broke area of resistance at 0.68554 and pushing up to the 55 MA at a resistance level 0.69685 - 4 hour >> Price made a double bottom (bullish signal). Price broke resistance level at 0.68554 to make a new higher high and currently hitting the 200MA - 1 hour >> Price broke through 1st resis lvl at 0.68025 made a higher high and retested same resis level now turned support and pushed up higher - 1 hour >> Price is currently consolidating wityh an over bought stochastic. - Overall >> Price is in a bearish zone on the Daily and weekly Charts. However, there is some bullish momentum on the 4 hour and 1 hour charts which is helping the retracement on the higher time frames. Trends have reversed on lower time frames up to the hourly chart. It is expected that the price will bounce off the 200MA on the 4 hour and go down a bit to either the 0.68554 level or lower to the 0.68025 before going back up. Conservatively we can wait for the price to go down and wait for buy signals before entering as the price is still in a daily bearish zone or aggressively, we can place buy limits at both areas with 30 pip SLs Target is the daily 55MA or resis level of 0.69511 ======================================================================================================================== Disclaimer: The Trade setups are based on my analyses and ideas and they are not signals or trading advice. Do your own analysis before you enter any trade based on my shared analyses. Trades are entered once criteria is met....Remember trading is risky and we can't force the market in any direction..#ExercisePatience ========================================================================================================================
by Loviss