After analyzing the Audusd on the D1 timeframe, I noticed a trend-forming candle from two weeks ago. There was a trendy sideways movement with a distance of 300 pips, but a bearish candle managed to break through the support in the middle of the week. I also observed a candle Pin Bar in the resistance area, which leads me to believe that the Bearish Trend is still...
To observe a positive trend for AUDUSD in the bullish market, certain obstacles need to be overcome. This includes breaking through resistance areas and trendlines to determine the direction of the bullish trend. The resistance zone appears to be the initial target, with a high chance of the price responding positively to it.
If you look at the current audusd analysis, the price may be at the saturation point of sale. The RSI looks divergent. If we draw Fibo, the price extension is in the Fibo area of 1,618. Indeed, there is a possibility that the price will continue to go down and remain bearish. If you want to do a long-term trade, you would be better off waiting for a reversal when...
There was a slight change in the position of Elliot's notation compared to last week's analysis. If you see a pattern that resembles a bullish falling wedge, then the possibility of the current Wave correction is at the end of the period and will enter the beginning of the bullish again. This analysis of crows when the price drops more than the invalid area
If this analysis is true that currently forming Wave C, then the possibility after Wave C is perfectly formed, there will be a fairly high bullish. I prefer to look for opportunities to Long by waiting for some reversal signs that might be formed next week.
AUDUSD analysis is in accordance with the analysis a few days ago. the price finally bullish broke through the resistance area and now looks correction. To determine the next target, we can draw fibo extensions from the beginning of wave 1 and the base of wave 2 to find the approximate length of wave 3.
there is consolidation with a fairly wide price range. I still believe if this pair there is a strong opportunity to be bullish. with today seen morubozu bullish candle.
the price is in accordance with the last analysis. still looks bearish with the goal up to SnD D1 at fibo 0.236. we can wait for a possible reversal at this point.
This pair analysis is in line with last week's analysis that I shared. the price corrected again when it was at the daily resistance and headed to SnD h4. currently the price is at SnD H4. there is a possibility that the price will still move down to SnD daily and return bullish.
When it comes to the technical analysis of AUDUSD , based on the current market structure, market clearly shows the signs of uptrend. I have marked previous resistance areas and used trend line to find the appropriate support area, where we seen as strong rejection and demand. And I’m not seeing enough resistance till target T1.That means there is a good chance...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
Hellooo...My Dragon Friends So far I see AUDUSD just Sideways, wait until break that line (upper line and Below line). Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
After we reached our profit target in the previous analysis on this pair this is our view this week. AUDUSD analysis. If the price will break below the lower line of this channel then we look for short positions but if the price reacts from the same line by rejecting and finding support here then we consider a strong bullish phase ahead. For now we consider buying...
Waiting for a pullback to approx. 0,73700 price level to join bulls with S/L below 0,73200 and T/P around 0,74350. // Make your own analysis before entering position. Feel free to share your opinion/position via comment and follow me for more upcoming ideas/setups + support my work by hitting like.)
Sell below 0.7554. Stop loss at 0.7588. Take profit at 0.7490. Reason for the trading strategy (technically): Price has testing our major resistance at 0.7554 (Fibonacci extension, horizontal resistance) and we expect a strong reaction off this level for a drop to at least 0.7490 support (Fibonacci retracement, horizontal pullback support). Stochastic (34,5,3)...
Sell below 0.7589. Stop loss at 0.7622. Take profit at 0.7514. Reason for the trading strategy (technically): We remain bearish looking to sell below 0.7589 resistance (Fibonacci retracement, horizontal overlap resistance, bearish divergence) for a push down to 0.7514 support (Fibonacci retracement, horizontal overlap support). Stochastic (34,5,3) is seeing...