Price seems to be breaking resistance that has been tested severally today. Lets see
Expecting BREAK of LOW.SELL STOP AT 0.68925 and SL: 0.69050 and TP: 0.68675. 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.
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!
A/U ANALYSIS 6/23 THIS IS AN UPDATE TO MY WEEKLY ANALYSIS PLEASE CHECK IT OUT BELOW! (I update my pairs frequently, NOT on tradingview) Price has tested previous resistance, we are now looking for another retest and potentially take out last high before sell off At the time of writing this post, it is asian session so price will range until London...
With news of USD being at a 2 week low earlier today, this would lead to AUD strengthening against the dollar, We see a structure of higher highs ans higher lows, with each higher high acting as support for the new higher low, following this behavior we now are hopefully seeing that happen again and therefore a continuation in upward trend, 8 EMA coming close to...
A downtrend is forming for EURAUD to clear see as a sell after the high impact news this morning on German/French Manufacturing Services. TP: 1.624 or below
The market after a sharp rise took a break in a consolidation bull flag and now seem to continue the bull momentum. If the price will manage to go over the structure we can look for a nice long order according to our strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in...
🔸 WEEKLY CHART EXPLANATION: . . 🔸 Price broke the Ascending Trendline. . 🔸 It has potential to make a downside move. . 🔸 The first target of the movement is the Support Zone. . 🔸 Will look for a lower timeframe bearish setup. 🔸4H CHART ANALYSIS:
EURAUD is trading within a wide horizontal range for more than one week. this morning the price reached its support and with high probability, the green structure will be respected. with double bottom formation and bullish violation of a minor resistance, chances are high that the price may recover. target levels: 1.635 1.64
AUDJPY SHORT TRADE SETUP FOR SWING TRADE. Please manage your risk. Use Stop loss. And do not take blind entries. If you have a question let me know. If you want to analyze any pair let me know. This is just an idea. What we see. The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
We expect good progress of AUDJPY upwards. Grounds: - We have a downward trend of H1, which has been broken; - We saw a test with a long tail right next to the trend; - The trend of H4 is upward; - The trend of D1 is upward; - We see strength in AUD; - We see a weakness in JPY. Resistance levels: 74.60 75.05 75.49
I am looking for it break the LOWS where I have my arrows. I am expecting a break and retest of this area. Personally I have a SELL STOP in place which is riskier. It would be safer if you wait for the break and the retest. SELL STOP AT 0.68131 12.5 PIP STOPLOSS 25 PIP TAKE PROFIT. 1:2 RISK TO REWARD. Feedback would be appreciated. Check out my YouTube PAPICHULONOE.
Hi traders, Here is my view on EUR/AUD where we have quite a support level and we should see a retracement UP after consolidation. EUR and AUD both shown a LOT of short sold but no longs added yet, this is the reason we can still go eiter way. Up seems the most logical way for EUR/AUD because we had a MAJOR fall down, now we should recover a bit. Follow me to...
AUDUSD Wait for sure break and buy it 🔥🔥🔥🔥 Cheer it ✅✅✅✅
We have clear daily trend change with RSI divergences. Wait for break and close below 1.6030 on smaller time frames, H4 or at least H1 and short the pair on retest. Tp1 1.0585 Tp2 1.0540 SL above last H4 swing Good luck!
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!