AUDUSDDXY looking weak so be careful on all USD pairs this week. I am short on this pair but only at 0.74400, Double top coming up and not it's not uncommon to find liquidation spikes on the second top! this spike would fall in line with the DXY has that looks close to breaking lower early this week.
Audusdsell
AUDUSD - THE TRADE IS ON!!Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on AUDUSD. Last week at some point it did send out a analysis breakdown on this pair expecting the pair to short. We are approaching structure break points keep a close eye on this pair for the swing short.
If you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
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AUDUSD, 4hr tf, sell downward channel resistance retestHello my friends,
Our 3rd setup for next week is AUDUSD.
As you can see, price currently moving inside a downward channel and recently rejected on resistance.
We could see price rorate to the lower side for a retest on support at 0.7255
It offers a nice 3R setup so we will try selling this pairs.
Sell AUDUSD 0.7315
Stop loss 0.7335
Take profit 0.7255 (3R)
RR ratio 1 : 3
Use only 1-2% risk
Good luck
AUDUSD 60 PIP SELLAUDUSD showing great potential for a 60 PIP drop. As we can see on the 4hr chart that a descending triangle was recently broken and we have now reached a level where price was rejected before and seems to have done now. With this rejection i can see a pull back of around 60 Pips to retest the previous descending triangle before forming further higher highs. I have set TP at the next most significant zone in the previous trend which was rejected multiple times which leads me to believe it could also be support for the pull back . This support zone is also situated at the 0.50 fib level which further leads me to believe price will return to this level and now find support instead of resistance. RSI(10) recently showed an oversold condition in the focused area as well. With these points combined i think AUDUSD has great potential for a 60 PIP drop. TP is set at 60 PIPS and SL at 35 PIPS !
AUDUSD Analysis 09 Nov 2020Hi Assalam-o-Alaikum , Dear GooD Afternoon Hope you are well and enjoing your trading , i'm here with my new analysis of AUDUSD
AUDUSD Analysis 09 Nov 2 020
I hope my analysis will help you in your trading best of luck
share your point of view about AUDUSD in comment section, Thanks
FX:AUDUSD OANDA:AUDUSD FOREXCOM:AUDUSD
AUDUSD, daily tf, bearish shark harmonic patternHello my friends,
Another setup coming today for you is AUDUSD pairs.
As i was looking at this pair, i noticed that price has been moving up in an aggressive way.
AUDUSD soars 280 pips from it lowest point this week which is 0.7000 to 0.7280.
After a rally at this aggresive pace, it usually will be followed by some exhaustion.
I am expecting price to retrace soon because at the same time, it looks like a bearish shark harmonic pattern is completed.
If you look at the 4hr chart, we could see some reversal candle has formed which is hammer candle.
As it was forming near the top of this harmonic pattern, i am taking a conclusion we could see some reversal to the downside soon.
We could try selling AUDUSD for some retracement towards 0.7160-40 area which is the strong support.
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Stay tuned to my next updates.
Sell AUDUSD 0.7265
Stop loss 0.7300
Take profit 0.7160
RR Ratio 1 : 3 (3R)
Use only 1-2% risk
Good luck
AudUsd SHORT more LikelyWhat we see is clear, Price making new LH and LL, we wait to break first support then we enter consolidation area which will make price to bounce in this area for a while more importantly we wait to confirm our position with bearish Patterns in lower TFs in each Scenario.
Scenario 1 📉🟥
Scenario 2 📉🟥
Scenario 3 📈🟦
‼️(Red Circles are the please to enter to each Scenario)‼️
Lets see which way price going to choose then we jump in to each scenario 👁👁
any question you can send message @FxShzd by Tlgrm or Instgrm
GOOD LUCK Everyone