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!
An uptrend is forming for AUDUSD after news early this morning on AUD Cash Rate. There is enough support for a buy. TP: 0.716 OR ABOVE
Bearish Bat >> It is not an Investment Advice. It is for Tracking Purposes Good Luck :)
AUDCAD has recently broken below a major trendline. now the price retests it. the last 8H candle closed forming a dodji with rejection so it looks like for now bearish pressure remains stable. to catch a bearish continuation I would suggest being focused on a bearish flag pattern on 1H. local horizontal resistance cluster is ahead of bulls and bearish...
The pair successfully bounced from a strong horizontal resistance, and is now at a support level+the diagonal triangle support is nearby. Therefore our structure trade is a long. TRADING PLAN: 1-Wait for the diagonal resistance breakout 2-Go long after pullback 3-Targets, SL, on the chart. 4-Next long opportunity will be near the triangle support. Thank...
EURAUD is trading in a massive upward channel with a strong horizontal support in green as an additional backup. After the in-channel diagonal resistance was broken, the pair was set free to go up with the channel and retest the upper bounds. Now, the small diagonal resistance has also been broken and there the new target is the horizontal structure...
AUD/CHF has reached a strong support level, while trading in a wedge. If the diagonal resistance gets broken>> long after pullback. If the support breaks>>short after pullback. But I am bullish on this one. Thank you for reading, like and subscribe and have a nice day!
The pair is trading near the resistance of an upward channel, while also having reached a strong horizontal level. Therefore, the expected move direction is down. The yellow square indicates the resistance confluence zone. Keep your sell limits in the square area, and short if the price spikes there. Thank you for reading, like and subscribe and have a nice day!
Price is facing bullish pressure from our trend line and support level where we could see a bounce above this level.
Price is facing bullish pressure from our trend line and support level where we could see a bounce above this level.
I see intraday trading opportunity on AUD/USD. The 4H chart divergent, the hourly trend line seems to be breaking, which promises us a great Risk-Reward ratio. The next strong level is around the 4-hour trend line, which can be our target price.
We are noticing there is downtrend forming for GBPAUD as AUD Cash Rate news occurred. This is a strong sell! TP: 1.829 OR BELOW
Hi, looking to fade post RBA spike ( if seen )... AU CPI nagative, Covid outbreak, simply cant see case for hawks ... Sell rallies towards 66,20/30 Stop 66,80+ Target ( based on equal move ) 63,50/40 Good Luck
AUDCNH buy on 1hr chart, at a key level and should test the 4.96 area
AUDCAD bounced off top of channel as expected (see past AUDCAD idea linked). This trade profited over 100 pips. Waiting on a break of .9500 area and a close under it. This will confirm more selling to the bottom side. Indicators: 1. Weekly trend is still downwards. 2. Weekly RSI overbought, now in a strong sell zone Entry: Once we have a break of channel, sell...