AUDUSDAUDUSD has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
Australiandollar
EURAUDHi
EURAUD has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
GBPAUDHi;
good evening.
GBPAUD has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
GBPAUDHi
GBPAUD has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
EURAUD Short ComingFactors to Look for:
Strong Price Rejection at Daily Bearish Order Block
H1 Structure Break (BOS)
Liquidity Above Equal Highs
Risk Disclaimer:
Forex is only Suitable for those People Who Understand, and are Willing to Take on, the Financial and other Risks involved.
Please Ensure You fully Understand the Risks and Carefully Consider your Financial Situation.
Patience | Discipline | Trade Management
AUDJPY - Important Breakout !Hello Traders !
The AUDJPY Price Breaks the daily Support Level and breaks the daily support Line !
the support becomes new resistance !
so, i expect a bearish move 📉
i'm waiting for a retest...
TARGET: 88.765🎯
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if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
AUD/USD - Risk as markets price in possible RBA rate hikeThe minutes from the Reserve Bank of Australia (RBA) showed the Board was leaning towards a rate hike of 50bps and dismissing the idea of a pause in rate hikes. Markets expect the bank to raise rates by 24bps at their next meeting and reach a terminal rate of 4.28%.
The RBA's recent decision and data regarding the Wage Price Index will likely affect the Australian dollar.
The 50bps rate hike anticipated by the RBA will likely put pressure on the AUD, but the actual rate increase could be lessened by weaker-than-expected data from the Wage Price Index. The higher terminal rate of 4.28% could also put further downward pressure on the AUD. Overall, the RBA's actions and the upcoming Wage Price Index data are likely to impact the direction of the AUD.
(As written on 21 February 2023)
I forgot to post last night
GBPAUD Short IdeaPrice Rally Up to Balance the FVG. And Strong Order Block is there.
Wait for Price Reaction there to Indicate Some Confirmation.
Never Trade without Confirmation and Risk Management.
Risk Disclaimer:
Forex is only Suitable for those People Who Understand, and are Willing to Take on, the Financial and other Risks involved.
Please Ensure You fully Understand the Risks and Carefully Consider your Financial Situation and Trading Experience Before Trading.
The Analysis may Subject to Change at any Time without Notice and is Provided for the Sole Purpose of Assisting Traders To Make Independent Investment Decisions.
Patience | Discipline | Trade Management
AUDJPY LONG SETUP (IDEA)Hello all!
Another Idea here, AJ looking INTERESTING!
The pair is in OVERALL DOWNTREND. However, we can look to BUY this pair until it Mitigates the SUPPLY marked on the chart.
Will enter of a CONFIRMATION only! Monitor LTF and look for a LONG position when the price touches Demand zone!
Take care!
AUDUSDIn this chart ( AUDUSD ), we see a disconnected channel pattern that will probably break upwards. In the lower time frame, we see a flag pattern that has the ability to continue based on the current momentum.
Of course, we have to wait until this channel breaks apart and then make a decision.
wait my friend...
EURAUD Short IdeaAggressive Market Outlook!
Price Reaching Rejection Block and QML Level. Bearish Flat in Progress.
Seasonal Tendency and Expected Hike in AUD by tomorrow from 3.35% to 3.60% will strengthen AUD in near future.
Risk Disclaimer:
Forex is only Suitable for those People Who Understand, and are Willing to Take on, the Financial and other Risks involved. Please Ensure You fully Understand the Risks and Carefully Consider your Financial Situation and Trading Experience Before Trading. The Analysis may Subject to Change at any Time without Notice and is Provided for the Sole Purpose of Assisting Traders To Make Independent Investment Decisions.
Patience | Discipline | Trade Management
EURAUD Bearish SetupPrice Failed to Make a Swing High on H1-H4 after Grabbing Liquidity Above Weekly Highs.
Price Returning Back into Rejection Black and Bearish Channel.
Wait for Price to Break Structural Low Formed on H1 (1.59400) and Body Close on H4 below this Level to Confirm Selling.
This is Just Market Overview Based on Current Conditions.
Forex is only Suitable for those People Who Understand, and are Willing to Take on, the Financial and other Risks involved.
Please Ensure You fully Understand the Risks and Carefully Consider your Financial Situation and Trading Experience Before Trading.
The Analysis may Subject to Change at any Time without Notice and is Provided for the Sole Purpose of Assisting Traders To Make Independent Investment Decisions.
Patience | Discipline | Trade Management
AUDNZDHi;
AUDNZD
In the daily time frame, the movement is quite clear. Selling pressure can also be detected in lower time frames, and according to the rapid downward wave that has been created recently, the probability of exiting this correction, which is similar to the flag pattern, will be very high.
EURAUD TO SET NEW HIGHS FOR THE YEAROn this H4 timeframe we can spot that price is on a support zone , and that same support zone is a support zone for the weekly and daily timeframe .
Now what are my expectations?
We can spot that on the support zone I marked a blue horizontal line, that line indicates the low of November 2022 and the lows of last week, so we can say it's an equal low, and equal lows are liquidity areas and price is expected to clear them out, so price is expected this week to go bearish and clear out the lows and make a new high to 1.60000.
PLEASE YOU CAN SUPPORT BY AGREEING TO THIS IDEA IF IT CORRELATES WITH WHAT YOU THINK AND GIVES US A FOLLOW, AND SHARE.
THANK YOU.
HAVE A GREAT WEEK.
AUDCHF Long IdeaAggressive Market Outlook!
This is not a Signal but a Probable Market Overview.
Major Central Banks Overview (AUD 3.6% Expected by Tomorrow News and CHF 1%) will support this Confluence Near Future.
Risk Disclaimer:
Forex is only Suitable for those People Who Understand, and are Willing to Take on, the Financial and other Risks involved. Please Ensure You fully Understand the Risks and Carefully Consider your Financial Situation and Trading Experience Before Trading. The Analysis may Subject to Change at any Time without Notice and is Provided for the Sole Purpose of Assisting Traders To Make Independent Investment Decisions.
Patience | Discipline | Trade Management
AUDNZD: Bearish Outlook Explained 🇦🇺🇳🇿
AUDNZD is testing a wide daily horizontal supply area.
The price formed a double top pattern, approaching that on an hourly time frame
and broke its neckline with a high momentum bearish candle.
I expect a retracement to 1.0848 / 1.0828
❤️Please, support my work with like, thank you!❤️
AUDNZDHi
AUDNZD has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.