Time to sell #AUDUSDThe AUDUSD has risen nicely since the slump to 0.55, now an opportunity for Sell.
The AUDUSD touches the average moving line 100 which is used as resistance and only a few days ago the AUDUSD responded downhill as soon as it touched that line.
Stochastic and RSI are relatively high, indicating the possibility of a trend change.
The AUDUSD is still considered a downtrend despite recent increases
Goal: 0.64
Audusdsell
AUDUSD SELL TRADE SETUPHELLO DEAR VIEWERS!
I publish this chart Setup of AUDUSD for you . if you like my prediction and analysis then write a comment so i will post more and more.
Note, it is just for knowledge purpose only.
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Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
AUDUSD | Preparing to melt? This pair has formed a double top and started to drop aggressively with big bearish candles. It has also broken a ascending trendline and currently doing a retest.
Additionally, it did also break a Support level and currently is retesting it as a Resistance level. If AUDUSD fails to break back above, then we can expect further downside movement.
Watch the pair closely and only sell when you see a clear bearish candle close below the current resistance level.
Fundamentals to look out for during the week.
1) USD CPI m/m (Tue)
2) USD Core CPI m/m (Tue)
3) AUD Employment Change (Thu)
4) AUD Unemployment Rate (Thu)
5) USD Core Retail Sales m/m (Fri)
6) USD Retail Sales m/m (Fri)
Risk ONLY: 2-3%
Good Luck
#AUDUSD SHORT.. On AUDUSD 4-hour chart, we see double top formation. T3 curve and simple moving averages (ma10 and ma20) have turned their directions down.. I expect a structure as I mentioned in the chart.. We will wait and see..
Disclaimer: Please do your own due diligence when it comes to forex-trading.. Invest at your own risk..
I wish you all the best..
AUDUSD - SWING - 11. MAY. 2020Welcome to our weekly trade setup ( AUDUSD )!
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1 HOUR
Very bearish drop after taking out previous resistance.
4 HOUR
Bullish market turning directions, good short entries!
DAILY
Overall bullish waving market structure about to turn.
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FOREX SWING
SELL AUDUSD
ENTRY LEVEL @ 0.64780
SL @ 0.65380
TP @ 0.63930
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
AUDUSD possible shortGood sell opportunity for AUDUSD.
Lots of setups:
- Fibonacci Cluster
- Previous Impulse on the 9th of March
- Elliot Wave Pattern with point 5 confirmed.
- Double Top
So you can enter now with
SL 0.6696 (above Fibo Cluster)
TP 0.62560 (point 4)
Or, if you want one more confirmation (and lower risk) you can wait for the neckline to be broken and short on the retest.
AUDUSD SHORTThere is a clear break and retest out of the ascending channel. This is a great signal for calling shorts on aussie.
See my previous long idea about AUDUSD here
and here
Please leave a like and let me know what you think in the comments section below.
Disclaimer: This is only an idea and should not be taken as a trading signal.
AUDUSD SHORT PatternAs you can see from this chart, AUDUSD is at a downtrend and will be going down some more to the support line. If it fails to break the support line, then it will definitely push back up before moving back down again. Please like, follow, and share if you found this analysis useful!