AUDUSD Will Go Down! Short!
Here is our detailed technical review for AUDUSD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 0.671.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.659 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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Breakout of the daily flag, likely more down side...
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
AN fast up come with fast down,short until it turns
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
EU should be looking for shorts on pullback
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Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
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Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
NZD/JPY Short, USD/JPY Short and AUD/USDNZD/JPY Short
• If price impulses down, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/JPY Short
• If price pushes up above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
AUD/USD Short
• If price impulses down below our area of value, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
AUD/USD Short
• If price impulses down below our area of value, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NZD/JPY Short, USD/CAD Long, USD/JPY Short and AUD/USD ShortNZD/JPY Short
• If price impulses down below our area of value and the lower ascending trend line of our recent running channel, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/CAD Long
• If price pushes down to and ideally just below the lower descending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/JPY Short
• If price pushes up above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
AUD/USD Short
• If price impulses down below our area of value, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
Somemore upside is thereUptrend on Audchf, looking at some upside to come. Wait for setups to go on long.
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Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
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Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
Gcad bias on the upside.Trend direction could have flipped on d1, watching for pullbacks.
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Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
CAD/CHF LongCAD/CHF Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/USD Short and CAD/CHF LongGBP/USD Short
• If price impulses down, it does so in a convincing manner and a tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
CAD/CHF Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
Trade report of 13-6Today the CPI numbers from the US have been made known. Negative on year over year. Core has even stayed on last month's stand.
USD CPI m/m is: 0.1% expected: 0.2% was: 0.4%
USD CPI y/y is: 4.0% expected: 4.1% was: 4.9%
USD Core CPI m/m is: 0.4% expected: 0.4% was: 0.4%
We have made the following actions:
AUDUSD : Today, the pair tested the top of the channel. It remains to be seen what the market will do. In principle, the Dollar has the better papers. We are therefore going to put all stoploss above the first buy. Furthermore, we put a tp on the 3rd buy at 0.68080.
EURUSD : the movement is a bit strange if we take today's CPI figures. We place two buy trades in 1.08322 and 1.08927.
Potential Buy Setup on GOLDThere is currently bullish momentum on gold, the previous 4-hour closed strong and bullish with the overall trend on higher timeframes still being up.
Realised there is HIGH IMPACT NEWS happening soon so looking to monitor and manage risk accordingly.
R:R 1:1
Currently entering Buys on gold at 1957
Stops to entry at 1960
Looking to exit the trade at 1967
Leaving runners to 1977 where there is strong resistance.
Whats are your thoughts and opinions?
:)
GBP/JPY Short, NZD/USD Short, GBP/USD Short and USD/JPY LongGBP/JPY Short
• If price impulses down below our most recent low, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NZD/USD Short
• If price impulses down, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/USD Short
• If price impulses down below our most recent low, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/JPY Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP-AUD Swing Short! Sell!
Hello,Traders!
GBP-AUD was trading in an
Uptrend along the rising
Support but then a breakout
Happened so we are now
Bearish biased and
We will be expecting the
Pair to go down to
Retest the target below at 1.852
Sell!
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EUR/USD Short, NZD/USD Short and GBP/JPY ShortEUR/USD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NZD/USD Short
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/JPY Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
Trade report of 8-6Again today nagative ciojfers for the Dollar.
USD Unemployment Claims Is: 261K Expected: 236K Was: 233K
So that's more claims than expected. That has great results for Dollar pairs.
At the moment we are in:
Buy AUDCAD Open Price: 0.8892 Sl 0.88649 Tp 0.90842
Buy AUDUSD Open price: 0.66253 Sl 0.65989 Tp 0.67855
NZDCAD Sell Open Price: 0.81323 Sl 0.82391 Tp 0.76958
Today we have done the following actions:
AUDCAD : the interest rate increase of the CAD does not give enough pressure to have this pair reduced. The AUD is stronger and with that we pick up the BUY again by executing it at 0.89631. The first target is 0.90378 but if the trend continues, a second buy will be added.
AUDUSD : we have placed an extra buy at 0.67330
GBP/JPY Short• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/JPY ShortFrom tomorrow morning onwards I'll be bringing you a daily tutorial video each morning, where I explain my entire thought process behind each of the positions that I forecast instead of these evening forecasts.
I used to do this about a year and a half ago, but at the time my other commitments made it very difficult for me to do so. However I'm now doing well financially, which has meant that I no longer have to work quite as many hours, which in turn means that I'm now able to start making videos again and with four years experience as a trade under my belt I'm confident that I'll be able to bring you a ton of value.
GBP/CAD ShortPositive Confluence Factors... (13)
1. LTF and HTF direction in alignment?
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present? ✅
6. Near miss present (below price if looking to get short, or above price if looking to get long)?
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present? ✅
10. Structural approach to area of value? ✅
11. Fairly flat structure present? ✅
12. Expanding pattern present?
13. Equal spacing present?
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present? ✅
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss? ✅
18. Protection available for your stop loss? ✅
Negative Confluence Factors... (1)
1. Counter to HTF trend? ❌
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)?
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss?
15. Entry around swap hours?
16. Entry directly before major news announcement?
GBP/NZD ShortPositive Confluence Factors... (15)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)? ✅
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present? ✅
6. Near miss present (below price if looking to get short, or above price if looking to get long)? ✅
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present? ✅
10. Structural approach to area of value?
11. Fairly flat structure present? ✅
12. Expanding pattern present? ✅
13. Equal spacing present? ✅
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present? ✅
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss?
18. Protection available for your stop loss?
Negative Confluence Factors... (1)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)?
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss? ❌
15. Entry around swap hours?
16. Entry directly before major news announcement?
CAD/CHF LongPositive Confluence Factors... (16)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present? ✅
6. Near miss present (below price if looking to get short, or above price if looking to get long)? ✅
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present? ✅
10. Structural approach to area of value? ✅
11. Fairly flat structure present? ✅
12. Expanding pattern present?
13. Equal spacing present? ✅
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present? ✅
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss? ✅
18. Protection available for your stop loss? ✅
Negative Confluence Factors... (0)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)?
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss?
15. Entry around swap hours?
16. Entry directly before major news announcement?