GBPAUD on the 4h chart found support on a very strong weekly support. Market bounce over it and start a range move between the support and 1.76600. IF the price will break and close above the resistance area we can look for a long position till the 0.382 or 0.5 fib level of the previous leg. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis,...
The price is now reversing from the previous resistance zone The price shows weak buying power The volume indicator shows that the overbought has ended I expect to start selling in the medium period
Hey guys, Important CAD news today. We gonna see a lot of fundamental statistics in 40 minutes. It may drive AUDCAD to new structure highs. currently, the price is consolidating within an ascending triangle formation. daily candle close above its resistance will be a good signal for us to buy on a pullback. target levels: 0.975 0.98 in case of positive...
We notice in the chart that the pair continued to decline in the previous period But it appears in some indications that the pair has lost the selling power The price is now in a strong support area, and there are signals to start buying, and this area is a consolidation area The price after the reversal showed slight buying power I expect to buy in the short and...
AUDUSD respects uptrendline Pair is supported above key level at 0.7300 Price is based above HVN at level 0.7277 which indicates that pair is in accumulation phase Above SMA 100 MACD shows start of bullish momentum It's expected the continuation of bulls power to target supply zone at level 0.7410
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** It may continue to rise in case it does not break the resistance, it may head towards a strong drop to the blood indicated in the analysis. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be...
AUDJPY is seeing bullish divergence in RSI and could bounce from its 1st support at the 50% fib retracement. Target at 1st resistance where the 78% fib retracement is.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.7325). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.7325). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
TF: 4 Hr Looks like AU may continue to sell from here
Tf: 12 Hr GA looks like it should move higher for +800 pips from this area
AUDJPY - Short Flashcard - TDI settings are broken on trading view so please ignore the first RSI cross Signal line
After an uptrend that has lasted for about a month, the price is losing the buying power The price is now retreating from a major resistance area The volume indicator is showing significant weakness in buying I expect to sell for short periods
Today we will be working with two timeframes, Daily and 4HS Main items we can see on the Daily Chart: a) The price is on a clear bullish trend since March 2020 after bouncing on a massive support zone b) Currently, we can see a corrective structure supported on a broken descending channel c) Our daily Target for this movement is the major descending...
AUDCAD on the weekly chart hit a weekly resistance and price started a retracement move. On the Daily chart price moved inside an uptrending channel and recently broke a bull flag for a new test of the upper structure. Price is now ranging between the 2 structure and price bounce over the 0.618 of the previous minor leg. IF the price will break and close above...
AUDCHF is supported above key level at 0.6600 Price rejected from 50% Fibonacci level with bullish movement Above SMA 100 MACD shows bullish momentum RSI is above RSI It's expected the continuation of bulls power to target first supply zone at level 0.6710 then finally target next resistance level at 0.6800
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!