🔸 DAILY CHART EXPLANATION: . . 🔸Price broke the Descending Trendline. . 🔸It is now facing the Resistance Zone. . 🔸If we see a breakout here, the next bullish target is the Resistance Zone at 0.80500. If price bounces, then we will consider a downside move towards the broken Trendline. . 🔸 Will look for a lower timeframe setup. 🔸 4H CHART ANALYSIS:
It's not a signal or any recommendation. Please leave your comments to help me and others.
EURAUD is based above demand zone at level 1.6175 after forming double bottom pattern MACD shows bullish momentum We r waiting price to exceed next resistance level at 1.6235 which corresponds also to HVN to open long trade It's expected for bullish movement to target supply zone at level 1.6040
AUD/NZD In a beautiful channel going up. If we see the bears get in further control we could head down out of channel to 0.618 area which matches out support areas. If the bulls stay within this channel we will see a re-test of bullish momentum areas and could go towards 161.8 high areas to the next resistance areas. Patience is key! Just a trade idea, not a...
we can see buyers still lead the pair now we just looking for bull back as shown on the chart
See a bounce off a strong resistance, I’ve shorted from earlier but could be a nice short for yous to look for an entry for. stop above resistance, tp1 at first support, tp2 at second support (will close depending on how the support is treated). Happy trading! Do your own TA!
GBPAUD Buy opportunity, positional trade so to be held for months, set low lot size, use risk management ⚠️
The pair is trading in an uptrend after the diagonal resistance breakout. Now, AUD/JPY is facing a strong horizontal resistance. WAIT for the breakout either way. For the bearish breakout the diagonal support needs to be broken too. The short is a counter trend trade and therefore has lower probability. On the other hand, the level is strong and the RSI...
GA has been moving corrective inside this channel. Taking advantage of this choppy sideways movement with 2 Profit targets in place to lock in profits on the way up. I will be removing 100% of the risk when the 1st take-profit has been reached.
Big "Risk On" move in AUD/USD, as FX traders flock into the Aussie Dollar as many feel more optimistic taking on more risk, and as the US Dollar breaks down. As a result, AUD/JPY broke through its weekly resistance of AUD/USD$0.6991, to reach AUD/USD$0.71722, to hit a level not seen since February 2019. Further, the rising weekly RSI adds further support to...
The monthly is looking interesting to me here. -Broken out of a possible demand zone -Clearly broken downtrend on the RSI and stoch 1M and starting to look positive for a swing I think its logical that AUD JPY has a attempt to go to 80 cents here at least. This is not a call to say buy now it will go up with a instant 10% increase lol.. It can pump but looks...
Trade Setup summary: Profit targets=1160 pip (75 + 155 + 250 + 305 + 375) Stop Loss =450 pip Reward/Risk > 2.6 : 1 Current Status: Total Profit: 424 pip Closed trade(s): 72 pip Profit Open trade(s): 352 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 0.6583 based on 'previous Forecast' at 2020.07.15 : Closed Profit: TP1 @ 0.6655...
Trade Setup summary: Profit targets=1160 pip (75 + 155 + 250 + 305 + 375) Stop Loss =450 pip Reward/Risk > 2.6 : 1 Current Status: Total Profit: 424 pip Closed trade(s): 72 pip Profit Open trade(s): 352 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 0.6583 based on 'previous Forecast' at 2020.07.15 : Closed Profit: TP1 @ 0.6655...
According to last week’s GBP COT report we can see a strong increase in the long “contract” sizes. Even a decrease in short positions can be seen within the long-term investors. This gives us a strong confirmation that price will most likely once again go towards the daily critical near the 1.81000 area. The last few months we are in a downtrend and finally we...
This coin is growing at a high speed, but there will be a small fall
NOT A LONG TERM SHORT BUT IT WILL BE DIPPING LIKE ICE CREAM CONES. PICK YOUR FLAVOR,
AUDCHF rejected from 78.6% Fibonacci level at 0.6707 Price formed bearish harmonic pattern AB =CD MACD shows weakness in bullish momentum RSI rebounded after reaching overbought region It's expected for coming correction to target HVN at level 0.6540
AUDUSD WEEKLY TIMEFRAME SHORT IDEA