TF: 8 HR I am looking for a possible short on the levels shown. I am overall becoming bearish on JPY, but AUD has been really tearing lately so I think a pullback is needed. Some divergence can be seen on the RSI that also helps confirm the idea. 600 pips might be to optimistic, but who knows.
For me audnzd will test this zone and go down -> previos bullisch scenerio was to much extended and PA looked sick and fake
what can we see? So firstly see the original link to our original analysis for before and after. We had an Impulse, correction and a double top , now we are hitting the fresh supply zone. . Note: Still keeping an eye on the 70+ mark. But the double top was enough to start the move for us. We have added positions at 69.2 as the bears are pushing price down....
Long AUDUSD Opportunity Breakout High Daily and H4 are uptrend.
The situation on AUD/USD market on 4H timeframe is vague. There are no predispositions for the trend reversal of the rising price , though it is testing yet not confirmed Resistance zone.
Ascending triangle: Despite its reputation as a reliable chart pattern, it is a mediocre performer. Upward breakout is 63% of the time and 62% of the way into the triangle on average. From Thomas Bulkowski research. Further details in the link below: thepatternsite.com Two red arrows shows two past death crosses (50-day MA moving below 200-day MA). Still in...
Mid week trading and the ASX has pumped a little above the consolidation fluff I wrote about for the last 28 days which is actually just good to see some movement in a direction. For strength this market needs to get up to the previous high market to have full confidence that things are changing. Aussie markets to get sucked up with USA confidence. Still dribble...
Clear and simple technical analysis You can trade short under pattern Sperandeo Also give your attention to long term Fibonacci This levels will be the most important support levels
More confirmation to me of a short potential on AUDUSD. Triple/double top (however you see it) gave me my first indicator, proven supply area in the purple box playing out, and formation of H & S pattern on the right has meant I've placed a SELL Limit. SL placed 2 pips above the last high spike, entry placed at the start of this hourly candle, and TP giving me a...
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 is currently going up, towards its resistance. Let us know your views on this in the comment section. Thank you all. There is good news for our...
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 is currently in ascending channel and heading upwards near its resistance. One can wait for confirmation. Let us know your views on this in the comment...
HEY TRADERS AND VIEWERS. AUSSIE BEEN REALLY STRONG LATELY AND USD REAL WEAK THIS WEEK. RETRACE AND GO SET UP. THANKS AND LEAVE LIKES AND COMMENTS. GOOD DAY MATES !
audjpy check out my analysis. updated long analysis checkout let me know what you guys think
Setting an order for a short on this pair as it looks to be showing resistance at this major area. there is major support below and it is in an up-tend however, i believe we are going to see a pullback. I will close partial profits at the support below and let the rest of the trade run on a break even stop. Very simple. If you have any questions or want to...
CORTO EN AUDCHF, LA MONEDA AUD SE VE DEBIL ULTIMAMENTE, EL MOMENTO ALCISTA HA TERMINADO? TAL VEZ, VEAMOS QUE PASA.
Shorting here, profit target is aggressive. I will manage the position dynamically depending on how the market evolves.