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Audusdshortsetup

AUDUSD WEEKLY RECAP LONG POSITIONS WERE WINNERS - BEARS TURN?Hey traders, Hope everyone is having a great weekend so far. This week AUDUSD was able to make a strong move up in price. AUDUSD bounced strongly from the minor S/R labeled on my chart with news aiding the push up. Now price has reached an inflection point. The blue trendline. AUDUSD formed a bearish pinbar off the trendline, signalling that sellers are coming in. Buyers from previous long positions were also taking profits. Currently price has retraced to the 78.6 fib level. I am still in this trade, with the risk to reward being 2, with the possibility of being much higher. As long as we win this trade at least 33% of the time we secure profit. IF price does close above the pin then I will wait and see what price does to confirm my next action. Think about the big picture traders and not individual trades. Daily trade analysis and ideas: Telegram: t.me Facebook: www.facebook.com Twitter: forex_dojo Instagram: www.instagram.com Website: www.forexshinobi.com Tiktok: @forexshinobi ForexShinobi
Short
by FXShinobi
AUDUSD SHORT - PINBAR OFF TRENDLINE SIGNALS SELLERS COMING INHey traders, After scaling into 2 long AUDUSD positions which hit our targets of the blue trend line I now have a short bias . We now have price action at the same trend line in the form of a bearish pinbar. Looking at the Higher Time Frame we see that AUDUSD has been in a down trend for quite a long time. The MACD on the H4 is also about to have a bearish cross. Risk to reward on this trade is 2, but might be able to let this trade run for much larger. Daily trade analysis and ideas: Telegram: t.me Facebook: www.facebook.com Twitter: forex_dojo Instagram: www.instagram.com Website: www.forexshinobi.com Tiktok: @forexshinobi ForexShinobi
Short
by FXShinobi
AUDUSD forecast The RBA lists a number of risks that require lower interest rates. Market-based expectations suggest market participants have not fully priced the October cut. The pair may have reached the buy peak The Australian Central Bank at its September meeting strongly signaled that interest rate cuts could be expected next month (October 1) Minutes of the meeting mentioned the main economic problems: slowdown in employment growth and weaker wage growth. These grim remarks were accompanied by many external risks, including trade wars. In the meantime, interest traders see an approximate 33% chance of a cut in interest rates next month, so I think it is possible for AUDUSD to visit lower levels in the coming days. Technically, the pair looks like bulls have run into an obstacle
Short
by LszlRakonczai
AUD/USD: Day-Swingtrade-SETUP!#SHORTHey tradomaniacs, welcome to another free signal! Important: Remember guys tomorrow is NFP-Time! Make sure to close the position or at least get rid of your risk until then! ----------------------------- Type: Day-Swingtrade Sell-Stop: 0.69792 Stop-Loss: 0.69954 Target 1: 0.69485 Target 2: 0.69325 Taregt 3: 0.69207 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
3
AUDUSD Trade IdeaTrading pure price action here...using H2 time frame # Price has broken the support # Then pinned from the under side (as resistance) # Sell signal printed (inverted hammer) # Also note the inside bar pattern and the hammer as the fakey... Selling at market price 0.69911 with my levels as follows: # SL above the 0.7000 pivot/resistance/pinned level # Tp lower down at support as can be seen on the weekly time frame (see attached link) As usual don't bet the farm, good risk management won't kill you but the lack thereof could :) Follow me in Forex Bootcamp using the Telegram link below for real time updates
Short
by Cmasterza
AUDUSD Short (Short-term)Though it seems like it's now forming a double bottom in the hourly chart (and I also have bullish bias in AUD overall, especially since it has been oversold for some time now), AUDUSD already broke the 2017 low (0.70500) and if this pair breaks past 0.70468 (-38.2 fib level in the weekly chart), I'm expecting it to go down further near 2016 low at 0.68489 (-61.8 fib level in the weekly chart). The possible escalation of the US-China trade war will also have an effect on AUD. Setting up a sell stop order few pips below 0.70468, with 1st TP at 0.70 psychological support, and 2nd TP at -100 fib level in hourly chart (some pips above 2016 low, to have buffer and avoid getting whipsawed in case this pair finally start going bullish). SL is gonna be between 61.8 - 100 fib level in the hourly chart (might adjust past 100 in case of more volatility, but not beyond the 38.2 level in the previous fibonacci). www.reuters.com www.cnbc.com Daily: Weekly: Confidence: B (need to manually close this position before USD news by Thu; any upcoming geopolitical news between US and China will have an impact on this pair)
Short
by aiza_belle