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Audusdshortidea

AUDUSD Roadmap on 4H timeframethe dollar went down due to the shock of energy price and it help Aussie goes higher. my analysis shows 0.76480 key resistance might end the AUDUSD bullish trend and also complete the ascending broadening wedge pattern for this pair, personally, I will wait for the price rejection occurs at the key resistance level before placing any sell order. good luck traders! **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. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
1
AUD/USD Possible Bearish - ABC Corrective WaveAussie has been on a smoothly steady downtrend since 25th of October, and this has been followed with couple of Higher Highs and Higher Lows, but this past Friday impulsive movement towards the top-table in the market could be a possible starts of the ABC corrective wave, for Aussie. Following the momentum and the price level, the price has moved very close to retesting the dynamic support at 0.7370, and failure to break this previous support level could open a more downward chance for the bears to keep the price dipping. That said, there is a chance that the Elliot wave theory would kicks in and the price would complete the ABC reversal stage before any further downward drive is resumed by the sellers. #fx #aud #audusd #usd #aussie
Short
by Adefxc
AUDUSD Bound by downward channelAUDUSD bound by a downward channel in the 4-Hour timeframe Without much economic news affecting the pair. We expect the movement will be greatly on the technical side. As we see on the parallel channel the price hit its resistance and now starting to move downwards. Our bias for this weeks moves is short. Trade Idea (SHORT) Sell Entry : 0.77470 Stop Loss : 0.77650 Target Price: 0.7680 RRR : 3.66 If you like my idea, give it a thumbs up. If you have other thoughts you can comment down.
Short
by ginfrix
AUDUSD make or break zoneAUDUSD – Last week the market had bearish movement. The weekly candle closed as a bearish rejection candle. 0.75000 was met as stated last week in SLFX Trading members weekly trade journal. We are not back at the estimation zone. This is the 4th attempt to break this area and price is still making lower lows and lower highs. A break of this zone can lead us down to create new lows. A push up from this area and price can possibly push back up to 0.71400. www.slfxtrading.com
by ShaquanLopez