🔸 4H CHART EXPLANATION: . . 🔸Price broke the Ascending Trendline. . 🔸We were waiting for a downside move after that breakout, however, price has been consolidating on a range. . 🔸Before considering short positions we will wait for a breakout of the structure to the downside. Now, we also have a bullish view in case the Resistance Zone is broken. In that case, a...
Gbp/Aud has been going down for a long time, aud has strengthened a lot in the previous weeks, so I think it's time to weaken a bit, plus it should do a retest on a monthly !
bull trend is starting to slow up and looks like it is starting to range. moving sideways as soon as we have a break of the up trend i would like for a bearish push then i sell sell the retest of the support as the new resistance. i would like a minimum of two trades and then i would look to add to profits and wait for the push to the demand zone.
Which way will it break? Nice clear chart with great support and resistance. You could even go and add other indicators such as RSI etc. I like this chart on the higher time frames as well. A break out of the bull flag or triangle, bulls are in control. However, if we do break to the down side, take the short down to the next support area, for bulls in control,...
We will see how this one plays out tight SL on it using low % risk. Quite rangy curently however it has had several rejections around the 0.7000-0.7020 area.
Will be anticipating a Temporary Bearish Wave to complete this Channels Correction Pattern. In the current week of trading I'll speculate price action to make its way further below to meet my Bullish Market Conditions for an Optimal Risk-Reward Trading Idea. Patience plays the highest role in this pair. 5:1 / 6:1 Min.
AUDJPY Long idea Looking more bullish on this timeframe and will continue with this trend as we see it form Long entry opportunities on a break and retest of 75.000, target higher toward major resistance Short opportunities on a confirmed bearish transition. Look for a break and retest of higher lows and target lower toward major support.
AUDUSD Long idea Looking very bullish on this timeframe and could be getting ready to make another push higher At the current zone we want to see strong bullish setups confirming the break of 0.69900. We can then consider long entries targeting key resistance around 0.70800 If we start to see bearish movement instead, look for a break and retest of a 4hour...
SELL STRONG TREND LINE FOR SELL 78 FIB FOR SELL SUPORT REZISTENC -27 KEY LEVEL
LOOKING FOR BUY ORDER ON SUPPLY ZONE BELOW. STILL IN A STRONG UP TREND HOWEVER LOOKING FOR SOME DOWNSIDE TO REGAIN MOMENTUM UP.
Midterm forecast: . While the price is above the support 0.6435, resumption of uptrend is expected. . We make sure when the resistance at 0.6815 breaks. . If the support at 0.6435 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: . The symmetrical triangle taking shape and as a continuation pattern suggests we will...
Midterm forecast: . While the price is above the support 0.6435, resumption of uptrend is expected. . We make sure when the resistance at 0.6815 breaks. . If the support at 0.6435 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: . The symmetrical triangle taking shape and as a continuation pattern suggests we will...
Midterm forecast: . While the price is above the support 0.6435, resumption of uptrend is expected. . We make sure when the resistance at 0.6815 breaks. . If the support at 0.6435 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: . The symmetrical triangle taking shape and as a continuation pattern suggests we will...
Price is currently within an ascending channel. It has formed a bear flag with a rising wedge pattern approaching the 61.80% level. Expecting a bearish reversal on this pair for next week.
very very strong structures where I marked the red field, so I think there is definitely a very good sell position, and since no retest has been done on monthly at some point the aud / usd will drop to 67,800 area.
I, personally would like this pair to go to the double top, because then the risk to reward will be much higher, and as far as the analysis shows me, nothing prevents it from going to 95,700 areas before the big fall.