Audusdsell
AUD/USD could DROP very HARDHey tradomaniacs,
AUD/USD is currently fighting at very crucial price-areas.
Overall I expect it is all up to the CORONA topic which is currently heating up again.
A dropping stock-market would confirm this IDEA and setup.
Technically we see a double-top-pattern and an impulsiv-wave which is ending -> Next cycle should be a correction.
Wait for the break below the trendline before you sell as market is still respecting it.
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Peace and good trades
Irasor
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AUDUSD shortThis is just an updated chart from my previous chart posted last week, will be looking for a bear flag continuation towards the downside, if you missed the move last week and looking to get into this trade ill be scaling in another position depending on how the market moves. Will be looking for either a 2 tap or 3 tap of the top of the trend line for a downward move.
AUD/USD Technical Analysis
As we suggested earlier, the counter completed its long-term uptrend.
Now, it has been confirmed through the formation of a head and shoulder pattern.
Hence, the pair can move to lower levels in search of support and we have marked the best points to emerge as support.
AUSTRALIAN DOLLAR / U.S.DOLLAR (AUDUSD) POTENTIAL SHORTPrice approaching H4 Resistance level.Wait for a retest confirmation and enter a short Position. FX:AUDUSD
AUDUSD M30 Let's see how far we can take this short and remember to lock in profit, especially if it drop 40 pips down from your entry.
AUDUSD SELL IDEA** JUST AN IDEA. NOT A SIGNAL **
We can see here that the trade has tested and felt constant resistance at 0.70015 multiple times already.
After its breakthrough, it then felt resistance again at 0.70302 where momentum took a swing as sellers have weighed the chart down.
We expect to see a further downtrend from here onwards after rejection of 0.70015 once again.
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AUDUSD and SELL AREA (10/6/2020)We have AUDUSD in a new trend.
This is my setup:
SELL LIMIT
SL at 0.70050
TP at 0.68700
Safe trade, bro..!
AUDUSD - H4 SHORT SETUP Audusd - H4 - i see dollar index finally testing demand so expecting all majors to sell off from here aussie being the weakest when the dollar rises up..
sell at 0.6432 with 2 take profit in 24-48h max1 overbought much
2 rsi bearish divergence in 2-3 time frame and she is long
3 indices are upà and need a correction (that includ'e aud and nzd down as all timer in small risk off coming)
4 up so mpuch during 2 week
5 under big resistance and 0.6500 are a psy level
AUDUSD SELLThis is a great oppoturnity for sell for AUDUSD pair. The price currently hitting the daily Supply Zone and returning to the downside. However, maybe little retracement to the m15 supply zone may occur. The bearish formation may occur at least until they meet the m15 demand zone. This zone still not too strong for fully bullish chart. My opinion is it will go bearish until the h4 demand zone and retrace back to D1 supply zone and go bearish all the way. Also, my second opinion is it continue bearish until it meet the next h4 demand zone.
AUDUSD short for 90 pips.We have seen a massive upside move on this pair and the momentum is yet to be over but we are seeing some sign of exhaustions and hence there is a possibility of retractement to the previous support level before making another push up.
On the 4h chart we can see a nice bearish candle printed. I have gone short on this and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
AUDUSD shortThere is a potential short set up for the AUDUSD pair, will be looking for it as a short term sale, but if the downward trend continues I will be letting the trade run till the next monthly key support. I will only be going in on this trade if it corrective goes up to the given area, If it goes up impulsively I will not take the trade but will sit back and watch what the market is doing, re-forecast and look for a high probability set up
AUD/USD reaches closer to the Supply Level; Can Bears show up?AUD/USD Bulls have taken the price closer to the supply level as I predicted in my earlier analyses.
At this level, the early buyers will certainly take some profit pushing the price a bit lower in the process.
Predicting the Bullish Wave
Therefore, 0.6980 to 0.7050 is an area for the Bears to step in and push the price lower to 0.66 as the buyers have almost reached their targets and I don't think big players will chase the price now before a moderate correction.
AUDUSD bounced from support, potential for a further rise!
AUDUSD bounced off 0.68653 where it could potentially rise further to 0.70130.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
