The price has touched support area, I think it should go up to the resistance area
The price has reached resistance line,I expect it's falling down
Price holding below descending trendline resistance and Ichimoku. Price could retest our 1st resistance where the 23% fib retracement is and reverse from there.
After nice uptrend was created 5 significant volume clusters.... Here i marked reaction on them... For now 4 profits from 4 Volume clusters... This is why i strongly recommend use this volume clusters in your trading strategy... We will see how the last volume cluster will be work... What is your TIP? Happy trading Dale
Trendline resistance broken, bull flag forming on trendline
It appears price may be reversing on aud/jpy, pin bar forming on 78.6 fib retracement level. We are still in Wave 5 on larger timeframe I believe. This bull run is running out of steam on the daily, just waiting for price to reach 79.9XX. Check out my prior ideas for targets.
If trend line holds then short we go. If it breaks then we could join the rally. Lets see
Chinese economy recovering strongly should benefit the AUD in the longer run, and once Abe’s successor is elected, BoJ’s ultra-easy monetary policy will likely be reaffirmed — paving the way for eventual JPY weakness. AUDJPY has closed above the weekly Ichimoku cloud and broken above resistance at 0.7680–0.7700 convincingly. Buy on dips for a test above 0.8000...
Main items we can see on the chart: a) The price is on a bullish trend since the beginning of 2020 b) We can see a clean breakout of a major resistance zone, and now we observe a retest of that level c) IF the price is not able to break the current support zone (ex-resistance level), we expect a bullish movement towards the next level d) To take...
Just updating EURAUD as we come to week 1 close of September. See my last ideas on EURAUD, opened at bottom of daily up trend line with profits of 150+ pips. Look to enter at buy zone and target green areas. We should be getting 2 more pushes. to the top all the way to Target 2. Good luck trading! Let me know if I can help in any way! Charles...
GBPAUD - Valid sell signal from a few hours ago. The entry price, SL and multiple TPs are shown on the chart. 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 signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a...
The Breakout Opportunities system has just sold AUDJPY at 77.262. The system recommends entering this trade at any price between 77.084 and 77.349. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.431, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high...
Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Very bullish pressure above main sr level. 4 HOUR Overall bullish waving market structure, good long entries! DAILY Expecting prices to move towards previous week highs. - FOREX SWING BUY AUDCAD ENTRY LEVEL @ 0.95490 SL @ 0.94950 TP @ 0.96330 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels...
The pair is printing lower highs and lower lows. It has also broken a support line and is below its VWMA and its daily pivot level. This trade has a R/R of 2.27. Target @ 100% retracement, Stop @ 50% as shown in my chart. Trade at your own risk
AUD_USD RETURNED BACK INTO THE CHANNEL, REACHED SUPPORT, NOW BROKE THE DIAGONAL RESISTANCE>>>LONG! 1- Channel is bullish 2- Breakout looks good 3- Trading above horizontal support 4- Bullish forecast 5- Targets on the chart LIKE and SUBSCRIBE= CARMA BOOST!
Price is facing bearish pressure from our 1st resistance, where we could see a further drop towards 1st support at 76.95. Ichimoku cloud is also indicating more bearishness to come.
It is long trend, After the flag pattern, it is retested and going up.