Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Please share with me your thoughts about it, Thanks for watching
Entered long this trade at 61.8% fib level, taking advantage of AUD strength and USD weakness. The curve which acted as a resistance was broken this morning ,EU time. I waited an extra confirmation when the flag was broken to the upside as well. Any pullback will be an opportunity for me to buy. Target 1 and 2 shown in my chart. Trade at your own risk
Check out the chart, let me know what you think.
Main items we can see on the chart: a) The price has broken a bearish Structure (ABC pattern) b) After the breakout, we can see a pullback (current structure) c) Based on these circumstances we expect a bearish potential towards the next support zone d) If you are interested in trading this, the current structure is a good spot / If you want further...
Welcome to our weekly trade setup ( AUDCHF )! - 1 HOUR Bearish price action after taking out previous highs. 4 HOUR Sideways market structure at its top, expecting a reverse shortly! DAILY Overall good short entries, prices too high. - FOREX SWING SELL AUDCHF ENTRY LEVEL @ 0.65380 SL @ 0.65650 TP @ 0.64950 Max Risk. 0.5% - 1%! (Remember to add a few pips to...
Potential buy setup on AUDCHF if price closes above the VWAP. Looking for H1 weakness on CHF to continue and H1 Strength on AUD to continue. very short term setup Big Picture View Strong: AUD & CHF Weak: N/A This trade is valid until 2020/07/08 @ 4 pm BST. Follow me on Tradingview or DM in the chat. Don't forget to hit the like button 🐉 HAPPY TRADING 🐉
BUY 1.8065 TP 1.8085 TP 1.8115 TP 1.8165 SL 1.8000
The pair has broken the trend line. Wait for a double top to form in confluence with it touching the trend line which will act as a resistance. This trade will have a great risk/reward if the conditions are met but it might take a few days before the conditions are met. As always be reactive
Yellow zones- critical zones based on the monthly time frame Red zones- critical zones based on the daily time frame Blue zones – critical zones based on the 4h time frame From the latest COT Futures AUD report, we can see that it is gaining even more strength, while the JPY is starting to decrease its “long” contract sizes. This could be an opportunity for a...
Looks like it could be forming a clear double bottom showing the reversal of this pair. If it breaks expect it to rise to the 1.829 point to complete the pattern. It has so overcome resistance first so be reactive when trading this. Hoping it will break in the London session today
Looks to sell off a bit after broken up trend line. Made good on buy yesterday london session and made good on sells on ny session. Looking for a sell continuation.
AUDUSD Short: 0.69684 Target: 0.69488 S/L: 0.6983 Risking 2%
AUD CAD - Long Flashcard - This pair has been on a bullish uptrend - Double bottom formation off of the 800 ema - Pair presented a RR track for entry from second leg - First leg of formation presented with a RSI hook into volatility bands @ 32 - TP1 @ 200 ema (however this should mean you stop...
AUDCAD Long Direction: - AUDCAD was in Bullish Orderflow, and the trade presented itself in a Bullish OrderBlock. - Previous high held was broken yesterday, indicating they were going to continue going long. Entry: - W (Double Bottom) Pattern formed at low of the day. - Low of the day was created when candles closed above the 800 EMA, and pinned below. This...
Looking at a 4-hour chart, the AUD/USD remains in an uptrend supported by a rising trend line. Prices just broke above a classic symmetrical triangle continuation pattern. As long as support can hold near the 0.69 level, look for a continuation higher towards 0.708.
Pattern: Channel Down on 1D. Signal: Bullish as the price is not only testing the 4-year Higher Low trend-line but the 1D MACD is also rebounding on a 2016 Symmetrical Support Zone. Target: The 1D MA200. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **