Buy Ausse at the level! ATTENTION:
According to the the long-term back-tests (from 15 to 20 years) on different instruments, the W% of this setup is only around 25% to 30%! So the only way you can make money continuously out of this setup is risk and money management! the proper risk management for this setup is risking around 0.5% of your total trading capital as SL amount.
According to the trend and also the "supply and demand zones" there might be a good place to enter a long trade!
Aussie
AUD-NZD Breakout Long! Buy!
Hello,Traders!
AUD-NZD broke the horizontal resistance
Which gives us a very strong bullish bias
So after the pullback and retest
Of the broken level which is now a support
We will see bullish continuation
Buy!
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Further downside is expected on EURAUDEURAUD - Intraday - We look to Sell at 1.4400 (stop at 1.4465)
Previous support located at 1.4300. Previous resistance located at 1.4350. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.4400, resulting in improved risk/reward. A move through 1.4300 will confirm the bearish momentum.
Our profit targets will be 1.4250 and 1.4225
Resistance: 1.4350 / 1.4400 / 1.4450
Support: 1.4300 / 1.4250 / 1.4225
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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AUD-NZD Local Pullback Ahead! Sell!
Hello,Traders!
AUD-NZD went up from the rising support
Just as I predicted in my previous analysis
But now a strong horizontal resistance level
Is ahead form where I am expecting a bearish pullback
Sell!
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✅AUD_CHF RISKY LONG🚀
✅AUD_CHF is about to retest a key structure level
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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AUDUSD – SPOT: Selling On RetracementAUDUSD – SPOT: Selling On Retracement Around 0.7264 - 0.7282 Key Resistance Area
Price Action: Price formed an Inside Bar Pattern late last week (We are not considering trading this pattern).
Price moved higher from the prior Inside Bar Pattern that had formed early last week (We did not consider trading this pattern, nor did we mention it).
Potential Trade Idea: We are considering selling on a retracement higher and after a price action signal, at or just under the 0.7264 – 0.7282 key resistance area.