🔸 DAILY CHART EXPLANATION: . . 🔸Price broke the Ascending Trendline. . 🔸It has bounced at the Resistance Zone and made a retracement towards the Support Zone. . 🔸Now, it is bouncing from there, so, we consider that price will make an upside move towards the previous highs. . 🔸 Will look for a lower timeframe bullish setup. 🔸WEEKLY CHART ANALYSIS:
AUDJPY is testing upside confirmation, and if it closes above this level, it could open up more upside from there ! If price could break above the descending trendline, it could also indicate more upside from there. MACD signals more bullishness from there.
GBPAUD failed to hold above the 1.816 level. With this breakout failure, we're getting a good indicating that the trend is changing. Current entry as price re-enters below this level offers good momentum to the downside. Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry,...
Please check my previous idea about GBPAUD below, the price just move as we expected, after it touched resistance line, I expect the price will fall down to the support area.Sell now at 1.8290 Sl 1.8340 Tp 1.8020
AUD/USD: Closed @ +290 pips, -.03% DD, 15% profit. All trades are verified by a verified cash account backed by multiple other trade verification services.
AUDUSD showing a great risk to reward with 1% risk at 18pip SL to a 10.52% gain ( closed at 193 pips ) Long trade hit SL already but great example of how to let your winners run, and the winner will outweigh the losses ! Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next...
The price just broke the top value of grow channal and resistance 1, it means the price is in strong growing trend. I think it is going to reach resistance 2.
🔸 WEEKLY CHART EXPLANATION: . . 🔸Price broke the Ascending Trendline but it could not stay below. . 🔸We consider that this pair has bullish potential towards the Resistance Zone in the long term. . 🔸Before considering a bullish trade, we are waiting for a break of the previous lower high that can be better appreciated on a lower timeframe. . 🔸 Will look for a...
It has broken consolidation box. So I am waiting for a closure of the candle to see if I will be carrying this trade.
Price currently in a downtrend. Waiting for entry. lets see
This pair has been in a monster uptrend since late March of this year. Price finally peaked in the beginning of August as we touched the upper level three times without making a significant push higher. Today's open shows price making a pullback to the lower bound level at 0.9445. If price manages to hold below this level, we can target an excellent R-multiple as...
AUDJPY Short idea Trend: Bearish Trade scenario 1: Price action pulls back to form structure at the 38.2% fib level and key resistance zone (75.00). Look for a confirmed reversal at this level and enter on strong bearish setups. Target lower toward key support and negative fib levels. Trade scenario 2: Price action breaks resistance at 75.00 and forms a higher...
TECHNICAL: 4hr Bull Flag Weekly resistance Weekly support 4hr support in red 4hr fib Buys: Close above weekly resistance Break of highest point of flag Targets -38.2% FIB level Sells: Bearish break of flag Close below 23.6% fib Keep an eye on how price reacts to 4hr support midtrade Target - 4hr 61.8% fib level