Hi There, hope you all are well. if you take a look at 4h chart of AUDUSD you will see that its in quite a good form. if it breaks & closes above then we may have a good trade to the upside.
Price is facing bearish pressure from the first resistance level, in line with 61.8% fib retracement and descending trendline resistance where we could see a drop to our support level where the 50% fib retracement and horizontal swing low support are. Stochastics is also showing that more bearishness is possible.
channel expected rise up to the target area and then fall down
Welcome to our weekly trade setup ( AUDUSD )! - 1 HOUR Bearish market open following mid term trend. 4 HOUR Break below main sr level, expecting further downside pressure. DAILY Good short entries following pa. - FOREX SWING SELL AUDUSD ENTRY LEVEL @ 0.72720 SL @ 0.73180 TP @ 0.72080 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different...
AUDJPY Long idea This pair is significantly bullish on major timeframes and we will continue with the overall bullish trend. Current price action is at key resistance at 77.500 & we’re looking for a clean break and retest before we enter long. Ideally we want to see a higher low above 77.500 with strong bullish setups. Target higher toward prior highs and...
AUDUSD Long idea Overall we are very bullish on all major timeframes and will continue with that trend On the 4hour we can see a large ascending channel and recently price action formed a higher low and new structure at 0.71875, our 88.6% fib level. As price pulls back we’re looking for entry opportunities on a break of the prior lower high around 0.73000 with...
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** It may move to the downside a little, and then rise if the support is not broken, it may head towards the upside as indicated. *** 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 taken only...
If we can close above this daily level, I will be looking for longs, at the moment it is seeing to be struggling so we may have a push down from here before then looking to take longs. My target would be to create a new higher high so 0.7500 could be a nice target. Last week closed very indecisively so as we stand it’s a hard one to call, so I want to see further...
Hi there. Price is forming a reversal pattern to change its direction. Watch strong breakdown at the current levels or wait for the price to test the higher trendline of the pattern and watch strong price action for sell.
Hi there. Price is forming a reversal pattern to change its direction. Watch strong breakdown at the current levels or wait for the price to test the higher trendline of the pattern and watch strong price action for sell.
Price making new HH and significantly high HL from previous LL (head). Opportunity to long. All Criteria met. + lower bounce at left shoulder formation. Rewards = 2 X Risk. Risk 2%~3%. Entry que: price break neckline with momentum.
OUR VIEW ON #AUSSIE AS LONG AS .72400 - .72500 RESPECTED WE SEE A CONTINUATION TO .74 LEVELS THE TRADING REGIME
TP 1 .95604 . 53 pips TP 2 .94870 . 126 pips TP .94888 . 169 pips
Hello traders, on aussie we are tracking a bigger, A-B-C reversal down from 0.741 high, which can belong to a bigger correction. On the intra-day chart we see a five-wave completed move in A, followed by a sideways price activity which resembles a completed expanding flat in B at the 0.732 level, where also Fib. ratio of 0.618 sits. If wave B is completed, then...