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Aussiedollar

AUDUSD - Brilliant January Set-UpIn this particular set-up, you can see we had three really great opportunities for entry. Entry highlighted by yellow horizontal line, let's review what i saw. On the Daily TF, I noticed the uptrend since Nov. 2020, a pullback was clearly due, we had a HH being formed. On the 4H we had strong resistance and I took entry from the 1H, waiting for the break of the smaller trend-line. Simple set-up that easily made 200+ pips altogether. A set-up is really good when you can take the same set-up, more than once.
Short
by FXwithJess
1
AUDUSD - Bigger correction coming before continuing the trendWe are waiting for a break of the channel from AUDUSD and a bigger correction that will last a long time before resuming the uptrend started in March 2020. If it breaks the channel we are looking for sell setups. Trade with care. Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
Short
by FractalTrading
2