AUDJPY Short idea Higher timeframes are significantly bearish although we have seen a strong 4hour bullish trend up until our monthly zone around 76.500 From this level we saw a strong reversal in the form of a large head & shoulders pattern. Price action has been forming lower highs and lower lows since which line up with the overall bearish sentiment At the...
AUDUSD Short idea Higher timeframes are bearish although the 4hour has been extremely bullish up until our 0.70400 resistance zone At this level we saw a reversal with a confirmed Lower high & double top pattern From the current level we have two potential scenarios of how price action could play out 1.We see price action continue to push lower with strong...
I Ideally would like to see a retest of the pivot high within the resistance zone, looking for a candle with a long shadow to form showing a strong bounce off of the resistance to confirm the change of trend. This would also form a double top pattern. I would set a stop loss somewhere outside of the resistance zone highlighted below the extreme of the pivot high...
In this technical analysis on AUD/USD I will walk you through the recent things that happened to this pair, and I will explain you why I think a short position is most suitable right now. Also, I will explain the most logical entry position, take profit and stop loss. On AUD/USD we have seen a fantastic recovery since the corona low at the end of March. Within...
Coming into this new week of trading I'll definitely be speculating how price reacts in this congested area of PA. I'd like to enter once price confirms my predictions on where price plans to go in the future before this happens we must wait and see what this pair brings to the table. First we let price break out of its Price Accumulation then read candle stick...
Gold priced in Aussie Dollar, Yen, and Euro all well above their respective 2011 or 2013 highs. With all the "dismantling" of the US dollar talk - a weak dollar would certainly aid Gold's move to new all-time highs. For the past 2.5 years, we've seen a strong dollar and strong precious metals market. USD rolling over, could be the boost this space needs..
If support holds just as it held last week, we could see a rally. If it breaks, short. Entry is key.
Expecting downfall as per price action . Thankyou
BREAK of MINI SUPPORT.SELL STOP AT 0.69217 and SL: 0.69342 and TP: 0.68967. 12.5 pip SL and 25 PIP TP for a 1:2 RISK TO REWARD. Manage RISK to your level. Check out my YouTube at NOEFXX.
Looking for BREAK of RECENT HIGH at .6975 area. BUY STOP AT 0.69795 and SL: 0.69670 and TP: 0.70045. 12.5 pip SL and 25 PIP TP for a 1:2 RISK TO REWARD. Manage RISK to your level. Check out my YouTube at NOEFXX.
Looking BREAK of RECENT HIGH. BUY STOP AT 0.69369 SL: 0.69244 TP: 0.69619. 25 PIP TP and 12.5 PIP SL for 1:2 RR. Manage RISK to your level. Check out my YouTube at NOEFXX.
Looking for BREAK of latest LOW. SELL STOP at 0.67826 SL: 0.67951 TP: 0.67576. 25 PIP TP and 12.5 PIP SL for a 1:2 RR. Manage RISK to your level.Check out my YouTube at PAPICHULONOE.
I was stopped out of this previous trade however I saw an opportunity for a re entry. I haven’t had the best of luck recently as a new trader I’m working on my craft. I see a good sell opportunity on AUDCHF and is demonstrated on daily level too. It’s got a lot of room to go down and despite a jump out of the channel it is still in continuation of its downtrend....
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current levels for buy.
Why? It's explained above. To back up my points, AUD/CAD has been in a downtrend on the monthly chart for a while now, and the last few months have seen a lot of bullish momentum, more than anything this is a lower high that will form on the monthly and it will be the start of the continuation of the original downtrend of this pair. There is a strong...
Hello guys, here is the trade plan for AUDCAD. For trade entry details please refer to the chart. If you guys like my analysis please hit like. Good Luck.