Audusdsignal
Audusd longsPotential Confluence support (blue) of HTF trend line and HTF support.
On break of LTF descending channel and minor resistance, bullish continuation is highly likely.
This scenario has not yet occurred at the time of publishing so stop loss should be adjusted to the lows that price will give and not just static.
AUDUSD😂These FVG are too good😂 , If u are trading AUDUSD just beware of those FVG level.
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🧅JUST AN OPINION OF THE ONION.🧅
AUDUSD:MA to cap gains?!!AUDUSD
Intraday - We look to Sell at 0.7075 (stop at 0.7135)
We are trading at overbought extremes. The 200 day moving average should provide resistance at 0.7074. This is negative for sentiment and the downtrend has potential to return. We look to sell rallies.
Our profit targets will be 0.6900 and 0.6780
Resistance: 0.7130 / 0.7315 / 0.7500
Support: 0.6970 / 0.6780 / 0.6540
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AUDUSD LONG H4Market Structure: Downtrend
Area of Value: Resistance. Reversal
Entry: Reversal confirmed by RSI divergence
Exit if Right: 2 tranches on possible resistances
Exit if Wrong: below historical support
RRR: 1:2
Confluence: D1 chart respects the support the level, if the bearish pattern/downtrend continues, we will still win on a 1:1 ratio as we are waiting for a rally.
AUDUSD | BEARs READY?AUDUSD has broken the bullish parallel channel and the price is trading in a range for more than 2 weeks now. Is it the distribution at the top?
Yes, it can be a distribution and the price can start falling from here. Mark the sell level and go short below it.
Manage your risk accordingly
AUDUSD and NZDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 (SHORT) IDEA Hello Traders,
Hope you are killing the markets this week.
My overall perspective on AUDUSD is bearish, expecting this supply level to hold as long as we could get a nice 15 min rejection from our area of interest.
We called out two shorts so far on this trade, first short took partials at 35 pips and our runners were stopped out at breakeven. Second shorts are currently running after 30 pips and looks like we will go breakeven on it again today given the dying volume today.
However, our bias remains intact we still need to monitor this pair.
Always move stops to breakeven after +25-30 pip moves
Looking forward to see how the results of this trade unfolds.
Thank you for your support and trust !
ETGL TEAM 💛