Watch for correction to break and enter. Stops above the high of correction
POTENTIAL SELL ZONE 1.08-1.082
After many corrections and impulses the price has reached LL where a spport has formed, and now the price shows signs of correction. And there are some rejections to the consolidation at LL that confirms that it wants to push up. Likes and comments if you want more trading setup. Thank you!
Pattern wedge, AUD preparation for week rally with USD. Signal will be confirmed after crossing of T1
Based on the daily chart along with the amount of news sessions for the GBP and AUD currency, there is enough support that GBPAUD is looking to make a uptrend soon. Please be on the lookout to trade GBPAUD as a buy. (TIP: Always look at the Ichimoku Green Line that are touching green triangles that leads to an indication of a buy based on support) TP: 1.904+
3rd pattern for this week. Market overextended and a butterfly formed in previous support.
SL: 70.260 Initial TP: 68.520
Welcome to our weekly trade setup ( AUDJPY )! - 1 HOUR Bearish market dropped below our main sr level. 4 HOUR Overall very strong waving market structure.. DAILY Expecting another push to the downside, great short entries! - FOREX SWING SELL AUDJPY ENTRY LEVEL @ 68.900 SL @ 69.610 TP @ 67.870 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels -...
Seems EURAUD is on a channel in both the 1hr and 4hr timeframe. Let me know what you think guys.
Few things going on here: 1. Price reached the highs of 1.078 and then it found weakness. You can tell by the fact that price ranged, but consistently failed to break above the 1.078 level. At the same time, price has been holding supported at the 1.75 level. 2. What I'm currently seeing is that price is breaking below the 1.75 level and slightly retracing. This...
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. One can wait for the breakou t. In daily timeframe the price has hit its resistance and started falling. Let us know your...
AUD/JPY ANALYSIS 5/13/20 This is a trade that I personally took, Price was in a big correction on the 15m scale HTF - Bearish This was an intraday down to the structure, this could turn into a bigger trade down to the level marked below. Currently facing strong support and there will be few more down to the level below. If we can break below the 'Older...
Waiting for a drop or a lower level before going long.
Price currently held down by other market forces (i.e copper / S&P / USD etc ) but look at the bond spread! Only a matter of time before this turns up. Obviously this is only valid as long as the divergence from bond yields is maintained but definitely worth keeping an eye on as value should be higher
G/A ANALYSIS 5/12/2020 After a big bearish run, price has made its way down to Monthly level 1.9000 This is been the market direction for the past month or so.. With the crucial news coming out tomorrow regarding AUD & NZD (both move in correlation) This could be a potential trade. The Australian Dollar may be at risk after AUD/USD followed the aggressive slide...