DeGRAM | AUDUSD structure based tradeAUDUSD is near the major support level on the daily chart.
Price action rebounded from this level twice, and generally, the market is consolidating.
There's a high chance that price bounces off the support if price creates a false break.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Audusdsignal
AUDUSD POSSIBLE SHORT SETUPBLACKBULL:AUDUSD My Bias Is Still Bearish , 1H TF Supply Zone Has Been Tested And Got Rejected multiple Times.For Me Marked Up 3 Candles Means Much To Me,Got A Pullback In the Area Again And Got rejected Again On 15M TF!
I Dont Use Indicators But If You Trade DIVERGENCES Then You Can See A Clear Divergence On RSI ON 15M TF. Selling Volume Is Getting Stronger If You Look AT The VOLUME.Multiple Rejection Candles IN The Supply Zone Again!Marobozu Candle Has Been Established Inside The Supply Zone.Fair Value Gap Has Been created.My Short Set Up Is Getting Stronger.We Can ADD Retail Concept For Finding More Confluence.Two Retail Concept On Play And Working Great.Price Got Rejected On The Support Area.As Support Acts AS Resistance When Broken.I Am Not Really Good With Chart Patterns But Probably Head & Shoulder pattern Has Been Created Aswell.We Now Have Three Retail Confluence playing In Our Favor.15M TF Market Stracture Has been Broken ,Now I Am gonna LOOk For My ENtry.
Entry - 0.66609
SL- 0.66764
TP- 0.66292
AUDUSD Possible sell zone!Currency Pair : AUDUSD
Possible direction : Bearish
Multiple-timeframe Analysis : Daily : Price has broken out of 2 daily candles high and grabbed liquidity
Monthly: There is strong rejection from 2 monthly resistance level.
Weekly: Price has formed strong weekly doji and price may test the half wick and possible drop.
4H: In this timeframe price grabbed liquidity 2 times from important level of resistance and price may continue to drop to the support level to the direction of the trend.
Possible trade recommendation : Bearish as per chart sketch
Press like button if you enjoy.
AudUsd- Play the range!For more than 2 months now, AudUsd is stuck in a range between 0.66 and 0.68.
Yesterday the pair reached the lower boundary of the range at 0.6603 and has started to reverse.
Traders could try to trade this range looking to buy AudUsd close to 0.66 and, with a tight stop and a target at 0.68 a more than 1:2 risk: reward could be achieved.
AUDUSD Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDUSD - AMD Pattern Confirmation ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we can see a clear confirmation of AMD pattern, price was accumulated for last 2 months and then manipulated buy side liquidity and then started the distribution. I see price to continue bearish price action to fill the imbalance lower.
Fundamental analysis: Tomorrow we have news on AUD, will be released Unemployment Rate, negative results could support our analysis for bearish move.
Like, comment and subscribe to be in touch with my content!
Range bound trading for AUDUSDAUD/USD is confined within a fixed range as I have illustrated in the chart.
Although, AUDUSD made a recovery yesterday due to US Dollar weakness across
the board, I expect AUD/USD to reach the support level at 0.6586 in a day or two.
Traders are advised to keep the above points in mind before trading AUDUSD
AUD/USD: 15/05: Short term signal todayOANDA:AUDUSD AUD/USD refreshes the intraday high near 0.6666 as it bounces off key short-term support to record its first daily gain in three days early Monday. In doing so, the Aussie pair also justifies the recovery of the RSI line (14) from the oversold zone.
It is worth noting that the bullish MACD signals also support a reversal from the two-week-old horizontal support zone around 0.6645.
Even if the AUD/USD pair surges past 0.6685, the 200-HMA and the horizontal zone comprising multiple levels marked since May 5, close to 0.6756, could challenge buyers. before giving them control.
Alternatively, a downside break of the aforementioned horizontal support near 0.6645 will not hesitate to challenge the late-April swing low around 0.6570.
The RSI has now broken out of the oversold zone. At the same time, the MACD line has started to cross the Sinal line. These are the factors that are currently supporting the AUD/USD rally.
AUDUSD 250pips HIGH PROBABILITY SETUP!!!AUDUSD just had a CLEAN BREAK to the downside, now we for a PULLBACK for a solid SHORT setup.
Price is currently below, 200ema & 800ema, baseline, cloud, with a super strong BEARISH confirmation on D1.
#1 ENTRY (Risk Entry, Good Reward) -: New SHORT TREND has been set, now we need to get entry at a point with the least amount of risk and area that is most likely to trigger a massive SELL OFF
that would be around the 800ema on H4. Wait for price to pullback and get a SHORT.
INVALIDATION
Price fixing ABOVE 800ema on H4 will be seen as a RECOVERY, when this happens, exit all SHORT positions.
TARGETS
We are looking at FIRST TP to be at the next AUTOMATED KEY ZONE (Blue zone - 0.65000)
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
AUDUSD 12May2023As long as the price does not exceed the invalid line, this pair tends to continue its bearish period. the price has also crossed the red line as an early sign of continuing the bearish trend. if you want to take the opportunity to sell, wait for a rebound to occur, if you are lucky we will get a very good RR
DeGRAM | AUDUSD pullback to support, trend continuationAUDUSD is pulling back from the resistance level.
The market broke out of the resistance that became a support.
Price is approaching the support level and fibo cluster.
We expect a classic breakout pullback continuation pattern.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDUSD 4hrsAUDUSD has been ranging for a long time within this support and resistance. I price rejection at this level and i will look for a sell entry, meanwhile there is possibility for price to break the resistance and continue the reversal to the uptrend.
I will wait for retest and of the key zone and i will look for buy entry.
20 Reasons for Buy AUDUSD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: Multi-year bearish trend in effect.
2:📆Monthly: Market made an insider high and low, but was rejected from the monthly order block.
3:📅Weekly: Market structure is bearish, but it filled out the last swing 50% area and respected a strong reversal upside signal with a double bottom formation.
4:🕛Daily: Daily structure is bullish and the market completed its inducement, indicating an overall bullish trend. Market may go above 0.7100 levels after a long consolidation.
😇7 Dimension analysis
🟢 Analysis time frame: H4
5: 1 Price Structure: Sideways
6: 2 Pattern Candle Chart: Double Top
7: 3 Volume: High volume during this period suggests buyers are active somewhere.
8: 4 Momentum UNCONVENTIONAL RSI: Above 60, indicating a super bullish zone.
9: 5 Volatility measure Bollinger Bands: High bullish volatility.
10: 6 Strength ADX: Bulls are in power.
11: 7 Sentiment ROC: AUD is the strongest this week.
✔️ Entry Time Frame: 15 Min
12: Entry TF Structure: Bullish
13: Entry Move: Impulsive
14: Support Resistance Base: Last FVG should be a support.
15: Wait for a trigger event.
☑️ Final Comments: Buy at support or breakout.
16: 💡Decision: Buy
17: 🚀Entry: 0.6725
18: ✋Stop Loss: 0.6687
19: 🎯Take Profit: 0.6900
20: 😊Risk to Reward Ratio: 1:5
🕛 Expected Duration: 3 Days
AUD/USD Holds Steady Ahead of FOMC Decision Amid RBA Rate HikeThe AUD/USD pair is expected to remain volatile in the near term, with traders focusing on the FOMC meeting and the US economic docket.
While the RBA's rate hike has boosted the Australian dollar, the USD pullback and concerns over the US debt ceiling and banking crisis are limiting the downside for the pair.
TRADE IDEA DETAILS:
CURRENCY PAIR: #AUDUSD
CURRENT TREND: ➡️Sideways
TRADE SIGNAL: ↗️Buy
👉ENTRY PRICE: 0.6670
✅TAKE PROFIT: 0.6740
❌STOP LOSS: 0.6610
#AUDUSD #RBA #FOMC #RateHike #USD