AUDCAD looking good to sell as we are reaching high prices high resistance areas. Sell at resistance range between 0.9610 - 0.9750 Sell at break below 0.9505 TP 1 @ 0.92833 Good luck trading! Please like this idea so others can benefit from these free trade analysis. Let me know how I can help. Charles V www.cvfxmanagement.com Trading made simple.
We can count on these key trendlines to forecast the movement of the market, Therefore, there is a high probability that the market will test the value of the red line, and normally it will be rejected, Regards,
Here I'm posting two potential plays I see for AUD - I've set my entry within 2 zones i believe we will see AUD draw into before posting an upwards close the for week. Should I get filled ill be looking to take some profit at 72 big figure and move SL to BE + with a view to taking full profit at highs as marked. Refer to my USD analysis which is aligned with the...
We have an interesting opportunity from the GBP/AUD pair. According to the COT GBP reports from the past few weeks, we can notice that the short-term dominance of the long contract is starting to reverse the overall positions. This can lead to a move for the 0.382 Fibonacci area near the 1.88000 mark. On the weekly timeframe we can see that price broke below...
Welcome to our weekly trade setup ( GBPAUD )! - 1 HOUR Bullish price action this week. 4 HOUR Overall bullish market expecting another push to the upside! DAILY Great long entries and price action! - FOREX SWING BUY GBPAUD ENTRY LEVEL @ 1.82410 SL @ 1.81530 TP @ 1.83760 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different...
Price is approaching our support in line with our ascending trend line where we could see a bounce above this level.
Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Bearish market open and pressure below main sr level. 4 HOUR Prices broke back into our trend following midterm. DAILY Overall bullish market at its lows, good long entries! - FOREX SWING BUY AUDCAD ENTRY LEVEL @ 0.95570 SL @ 0.95130 TP @ 0.96240 Max Risk. 0.5% - 1%! (Remember to add a few pips to all...
All is explained in the chart, price is currently at a strong support level that has previously been used as strong resistance so this proves this is a very strong key level. This is as simple setup as you can get with 2 very nice targets that if met will have you counting your money for days ;p You can also use a tight stoploss on trades like this because if...
2 possible entries. Wait for double top or wait for break and retest of the zone indicated
2 possible entries. Wait for double top or wait for break and retest of the zone indicated
Head and Shoulder pattern indicates trend reversal. Safe entry would be the break and retest of the neckline indicated on the chart
Head and Shoulder pattern indicates trend reversal. Safe entry would be the break and retest of the neckline indicated on the chart
TECHNICALS: AUD/NZD is trading at a major daily resistance level and started to form a bearish wedge pattern on the H1 chart, where a fresh lower high is already evident. The bearish wedge formation signals weakness in the recent uptrend, with projections above previous peaks failing to move significantly to the upside. A break below the bearish wedge provides...
EURAUD has been really clean in terms of price action. From the chart you can see that the patterns have played out almost perfectly. Look for it to tag the bottom and get in on Long.
EURAUD has been really clean in terms of price action. From the chart you can see that the patterns have played out almost perfectly. Look for it to tag the bottom and get in on Long.