Plan : We Will BUY After The Price Break Out The Trend Line Take profit : On Chart Stop lose 35 Pips
Hello traders, we are waiting for a trendline break and for a re-test. This would be a great short opportunity. Follow MF_Forex for more analysis.
AUDJPY Long idea The monthly and weekly timeframes are very bearish, however, we saw this daily timeframe turn extremely bullish last week. We saw a break of our descending channel and large bullish volume enter the market pushing price action up toward our key monthly level around 76.000 From this level we have two potential scenarios: Bullish momentum...
As my prediction for gbpusd and others usd pair, Usd will be bullish. The data have shown from last week NFP. Automatically Aud also will be affected from NFP last Friday. Bearish will take control the market for next week. Goodluck and happy trade.
Now hear me out. Ill be monitoring price action on the 4h timeframe for entry. This is a swing trade as you can understand. The break of the uptrend has started and its forming LH and LL so we cant look for buys as of yesterday. You can see the wick rejections on the top levels indicating double tops. RSI is overbought and we have divergence at those DT levels....
Hi, bulls were trying 3 times to push through 0,94 without the success ( based on daily close ) Looks like it might be good time for pullback. Selling rallies towards 0,9380/0,9420 Stop above 0,9455 First Target around 0,91 Second Target around 0,87 Good Luck
AUDUSD Long idea From the sheer volume this pair has been showing we have a strong possibility that price action will reach the -27% fib level and major monthly resistance around 0.70800 before showing signs of a reversal The blue arrow represents the trade path where bullish volume continues and price action gets pushed higher The orange arrow represents a...
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
Hi there. Price is forming a reversal pattern to change its formation. Watch strong price action at the current levels for sell.
Hi all, For more stuff find me on telegram: t.me/FXT_TL. Sharing my thoughts on the AUDNZD pair for the upcoming week(s), no entry yet. What oppurtunity do we have on this pair? well let me tell you: We have created a M-pattern wich is giving us information that we might want to go down. Also we might see the H&S pattern being created like shown, wich in the end...
TF: 12 Hr GBPAUD is looking quite interesting. Looking to the left shows a lot of wicking with some wicks being a couple hundred pips. On the monthly price is in a downtrend. With the large wicking on the daily, some large movement down could be coming in the near term
AUDNZD currently showing some bearish power. After complete Double Top, price action is on its way to fib level 0.786. Before i place a short order on this pair, I want to make sure price can break that resistance. And from there, its a clear fall.
Info is on the chart! Let me know your idea what you think! Have a great weekend traders!
Looking for price to break out of range. Simple trade. Preferably looking for price to continue heading up because we are in clear uptrend.
hey guys, one more attempt to bet on dollar strength. this time I am watching AUDUSD. the price is on a key daily level and now it is coiling within a rising wedge pattern on 1H. on my radar is 0.6975 structure support. I want this support to be broken to the downside to short the market on retest. stop is adjusted to a lower high. target is 0.69 if it...