AUDCHF set up the downtrend, before market closed we took a rejection of the horizontal resistance & resistance trendline. When market opens we can take a short position, good entry point is if we break the 0.65140 horizontal support. Good luck to you! If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
EURAUD on the monthly chart (left side) has been inside an uptrending channel dince July 2012. Market in the past months went up in a sharp impulse till the top of the channel before starting a strong pullback as we can see on the weekly chart (righ side) Price hit the previous weekly support and weekly ascending trendline before starting a new leg up. Now the...
Volatility its up, Buy Volume Is High, Ichimoku Trend Lines sets the pressure. Be Aware!
AUD/LONG -> new sl placement higher r:r scenario
Happy Friday everyone! Hope you were able to profit from these trade set ups I've had in August as I have. Quick setup into next week, look at the red line levels for buy entries. TP @ green line 50+ pips potential Good luck trading! Let me know if I can help in any way! Charles V ww.cvfxmanagement.com Trading made simple. July @ 11%
Breakout? Reversal? Have a plan and wait for confirmation, great opportunities both ways.
The pair is printing higher highs and higher lows = bullish On this multi timeframe analysis we can see that the price is at or above the cloud (H1/M15/M5) and the lagging span has no immediate resistance. H4 confirms this as well. I am buying now @ market price and will target the previous highs @ 1.83850 levels. Trade at your own risk
AUD/JPY is going to plummet quite a bit. this analysis is on the daily chart and can also be noticed on the weekly and monthly.
EURAUD is trading on a key daily/4h structure resistance. it is a very important moment for the pair and the reaction to that will show us the future direction of the market. I am still short biased and currently looking at a rising wedge pattern on 4H. on a lower timeframe, the price is forming a head and shoulders formation. bearish breakout of a neckline...
Swing Trade. Buying opportunity, GBPAUD. 6:1 RR Comment, Like and Follow Good luck