Downtrend is intact as of now. Stimulus check would change this USD to bearish pushing a reversal trend. So keep that in mind. Good day trading enjoy your weekend beautiful people and stay corona free!
AUD/JPY is forming a defending triangle on the 4H looking to break down It has touched the downwards trend line 3 times and is now looking to break the strong support level and start a strong bearish trend The pair has already broke the upwards trend line and retested it before moving down The pair already has confirmation the uptrend is over and the bears are...
SELL STOP at .68463 and SL .68588 and TP .68213. 12.5 PIP SL and 25 PIP TP for 1:2 RISK to REWARD. Manage RISK to your level. Check out my YouTube at NOEFXX. This was made on my phone so might be messy.
BUY STOP at .68898 SL: .68773 TP: .69148 12.5 PIP SL and 25 PIP TP for 1:2 RISK to REWARD. Manage RISK to your level. Check out my YouTube at NOEFXX. Made this on my phone so chart might be messy.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6835). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
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!
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!
Main items we can see on the chart: a) The price has reversed from a major resistance zone b) After the initial movement and the breakout of the Ascending trendline a Corrective structure was formed c) Currently, we can see a corrective Structure composed by an ABC pattern (also we can expect an ABCDE Pattern) d) If the corrective Structure is broken...
wait for breaking the resistance and then enjoy your position with lowest risk
hey traders, EURAUD is approaching a major falling trend line. on 4H the price has already formed two rejection and one dodji candles signifying a strong bearish pressure on the underlined structure. also, we have a perfect cross between a horizontal resistance of a current wide 4h range and above-mentioned trend line, and it increased the chances that the...
Hello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the price broke its trendline and also did a retest. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be...
Dear... My Dragon Friends... i see AU movement still follow the trend line . and Double TOP pattern so i decide to sell it... My Trade ideas for AU Sell AU at 0.6800-25 SL at 0.6900 TP at 0.6680 Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
AUDUSD going down (IDEA ATTACHED) H4 GBPAUD closing back in range showing bullish signs + Daily Candle Doji Close! GBPAUD BUY @ 1.8060 STOPLOSS LEVEL @ 1.7910 TAKEPROFIT LEVEL @ 1.8400
Hello guys, here is the trade plan for AUDNZD. For trade details please refer to the chart. Thanks.
EURAUD broke major downtrendline Price is based above HVN at level 1.6300 which indicates that pair is in accumulation phase Above SMA 100 MACD shows bullish momentum RSI is above level 50 we r waiting price to exceed key level at 1.6425 to open long trade first target will be at level 1.6767 then finally target supply zone at level 1.7200
Hello traders! Keep an eye on this pair because there are bullish signals at the horizon! - MACD shows a BULLISH DIVERGENCE - RSI 14 is almost OVERSOLD Remember to put a stop loss in order to secure your capital! Not a financial advice. Enjoy your trade!