AUDUSD LONGWe are long the Aussie in the Short Term according to our weekly analysis. We have observed Buyers participation from 0.6840 Friday Low, price has been discounted so it is BUY OR DO NOTHING from here for us.
Stop Loss is any close below 0.6840. A break above T1 will give us 74% Target.
NOTE:Truths
-Traders will do the same thing over and over again.
-In trading, no one to blame and no one to question what price did.
-Price can break any low/High because anything can happen.
If you fully allign your thinking in line with the truth about the market then you will win.
Aussiedollar
AUD/USD POSSIBLE SELL 06/18/20 I am looking for it break the LOWS where I have my arrows. I am expecting a break and retest of this area. Personally I have a SELL STOP in place which is riskier. It would be safer if you wait for the break and the retest. SELL STOP AT 0.68131 12.5 PIP STOPLOSS 25 PIP TAKE PROFIT. 1:2 RISK TO REWARD. Feedback would be appreciated. Check out my YouTube PAPICHULONOE.
AUDCAD - Simple range shortH4 analysis on AUDCAD shows price ranging between the 0.94000 - 0.93000 psychological levels since the beginning of the month.
Price action at the resistance area (long wicks, spinning tops/dojis) indicates price is struggling to break higher.
100+ pip drop potential, targeting the bottom of the range, in line with the 100 EMA where price may reject.
GBPAUD keep shortingHi everyone!
Have a look at the chart, everything is explained there.
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AUDUSD DOUBLE STRUCTURE BREAKOUT|SHORT BREAKDOWN
Both the horizontal and diagonal support structures were violated.
Wait for the 4H candle to close below BOTH levels for confirmation of the breakout>>then short.
The final target is the strong daily level. Start closing positions slightly above it.
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Wish you all the best, friends!
AUD/USD 06/08/20 POSSIBLE TRADE IDEAPrice had broken upside out of the range that I have my zones in. Price is heading back down so if price breaks down I will be looking for a sell below the range. Currently have a sell stop at 0.69557 which is riskier. A safer trade would be to wait till price breaks and wait for a retest well if end up heading down.
AUDUSD, probable correction ahead, before trend to new highsThe Aussie dollar is at the final stages of minor wave 1. It should probably arrive closer to the upper channel line in wave (v) before entering into a correction. If price crosses down the middle line of the channel it is a sign that the correction has started. The most probable target for the correction is the range 0.64 - 0.624 FOLLOW SKYLINEPRO TO GET UPDATES.