Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.0665). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDNZD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Bullish trade set-up *Regular bullish divergences *AB=CD 127.2% price+time Good luck to all buying USDCHF!
AUDUSD bullish daily close Longing: 0.6475 Target: 0.65701 S/L: 0.64510 Risking 1.5%
I say this because wave 3 was short relative to wave one. It is possible to still be in wave 4, but considering how deep it went in one wave I think it will keep extending. If the dollar drops down, aud and NZD will continue uptrend, which is what looks like will happen.
After reaching our target from previous long idea and closing gap we have short opportunity. target 1 = B target 2 = A stop above X Good luck!
:) My previous idea was to look for a SELL where FIB 50%-61,8% was, but there no have any good price action. When I look at the current upward movement then I see that the waves what moving up are getting smaller and smaller. The next resistance is strong one. There I see EMA200 and 0.6660/70 which has been tested in many times.
EURAUD buy 1.70903 SL 1.66571 TP 1.79579 R= 433.2 pips If price reaches 1.75243, move SL to 1.71765
Welcome to our weekly trade setup ( EURAUD )! - 1 HOUR We broke below main resistance level.. 4 HOUR Pullback towards our blue leve, expecting a break to the downside now! DAILY Overall bearish waving market structure, looking for another bearish wave. - FOREX SWING SELL EURAUD ENTRY LEVEL @ 1.69050 SL @ 1.71080 TP @ 1.66090 Max Risk. 0.5% - 1%! (Remember to...
4h Supply zone / bearish bat / AB=CD at the same level. I will watch the area at lower time frames and open a short position only if I see that bears are strong in that area. Good luck all.
Hello Traders, Here's my analysis for AUDUSD, I will be selling when it reaches top level to end off the correction phase and entering for the impulse phase. Trade Safe
As you can see the market was ranging and after this breakout the market is likely to go up. we can see a possible pullback to the resistance that will become support in case of a pullback . but the strength of the move indicates that buyers are willing to go up
Strong bullish wave (A) ended at level 0.6570 then corrective bearish wave (b) rejected from key level at 0.6390 and 61.8% Fibonacci level of preceding bullish wave MACD shows bullish momentum RSI is above level 50 It's expected for coming bullish wave (c) to target supply zone near level 0.6675
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!
TF: 4 HR Price looks to be falling out the trend line and may start a new downtrend. I am looking for sells now if price can retest and reject. As always keep it simple.
EUR/AUD reacted to its support line and will move upwards. AND BEST TIME TO BUY. FOLLOW ME. STAY INFORMED UNTILL THE ANALYSIS IS DONE.