AUDUSD Long idea Trend: Bullish Trade scenario 1: Price action continues with the overall bullish trend. Look to enter conservatively on a break and retest of 0.73400. Enter on bullish confirmations and target higher toward our 0% fib level Trade scenario 2: Price action pushes lower outside of this pattern. Look for a lower high below 0.72650 to confirm a...
The price is continuing to rise and may reach the resistance line. In this case, I recommend you to open a buy deal.
AUD is likely to pull back after it hit yearly classic R1 reversal level and yearly L4 roof. Monthly pivot / cpr and previous RSI divergence are also sending it down. Price is likely to end at the previous congestion zone which corresponds to yearly MR1. This is no financial advise. Top positive correlation 1 day 1 AUDUSD - AUDSGD 96.6% 2 AUDUSD -...
Strong weakness. Price falls out of channel with retest and breaks down the yearly floor (Camarilla L4) also with retest. Considering the GBPAUD volatility we should see a significant drop through unchartered waters, most likely to yearly L5 (I didnt plot that). This is no financial advise. Top positive correlation 1 day 1 GBPAUD - GBPMXN 89.1% 2 GBPAUD -...
AUDNZD after hitting the monthly descending trendline (purple) has started a retracement move on the previous bullish leg. The market has now found a 4h support around the 1.08650 level. IF the price will break and close below it, we can set a nice short order. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have...
AUDUSD on the daily chart is moving inside an uptrending channel. The market on the 4 h timeframe, after testing the lower support around 0.72500 has found resistance at the 0.73300 area. IF the market will break and close above the structure, we can set a nice short order according with Plancton's strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618...
hey guys, sharp bearish rally started this night on AUDNZD. 1.083 strong structure support was easily broken and now short rally will most likely continue to the next structure. based on 3 days chart analysis here are the key levels to look at: 1.065 - 1.069 support area is based on 2018's and 2019's price action. it might be a current goal for...
AUDJPY is testing 1st resistance where the 61.8% fib retracement is and could reverse from there !
Hi Traders buy \ sell on Green line Take profit on Gray line 2 atr stop loss drive safe
AUDJPY is testing our downside confirmation at 76.47 where the horizontal pullback support and 23.6% fib retracement are. Price could touch downside confirmation and drop from there. EMA also indicates that further downside will come.
Hello Fellow Trader! Price breaking below daily pattern trend line and if held, could commence the exit sell down to levels we have not seen since June. AUD/JPY is at a critical zone to determine its fate. This week Japan announced Yoshihide Suga as their official Prime Minister, and US retail data overnight weakened supporting the Nasdaq and SPX drops. Key...
AUDJPY is in a potential fall down trend now, after tried to touch the long-term support line twice, this time I think it will touch point b at least.Or go up to point a and then fall down to support line?
BIG picture AUD_CAD IS TRYING TO BREAK THE RESISTANCE BEING IN A TRIANGLE AT THE CHANNELS END| (1) Either wiggle in the triangle OR straight upwards. (2) After breakout>>> LONG after pullback. (3) Targets on the chart. ________________________________________________________ LIKE and SUBSCRIBE for LULZ!