AUDUSD Area of interest. Potantial reversal pointsPretty simple chart. All area of interest marked on the chart. I'll be buying AUDUSD with an entry model of mine. You can use yours, can be anything.
AUDUSD trade ideas
Possible Sell Trade on AUDUSDThis is my analysis trade for AUDUSD.
Weekly is bullish but Daily and 4H are both bearish for HTF direction.
I will wait for the price to go down first to break market structure for a possible continuation confirmation then pullback going up for the price to go to my sell zone first for me to enter on LTF.
I added a trade alert so I will not look at this pair in the week until my alert gets triggered.
Once price goes to my sell zone and I get my alert, that's the time I will go down and find my possible trade entry on lower timeframe so I can have a tighter stop loss and possibly get a better risk reward ratio.
Possible target would be the next swing low on the 4H timeframe.
I will update my trade idea here once price goes to my buy zone for my possible entry on the lower timeframe.
Possibility of correction Considering the behavior of the price within the range of the current resistance levels, the continuation of the correction process will be probable. If the price crosses the resistance range, it will be possible to continue the movement until the next resistance range
AUDUSD Long 14/10/24Asset Class: Forex
Income Type: Weekly
Symbol: AUDUSD
Trade Type: Long
Trends:
Short Term: UP
Long Term: Up
Set-Up Parameters:
Entry: 0.67402
Stop: 0.66922
TP 0.69823 (5:1)
Trade idea:
Confirmation Entry, 1D DBR , Downtrend Reversal to Uptrend from a Daily DZ, RSI oversold.
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
** Put alarm above the SL as there is a FVG just below it, if the price pullback close to the SL consider moving the SL below the FVG@0.66736
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.
Aussie H4 | Potential bearish reversalThe Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6761 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 0.6820 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance.
Take profit is at 0.6697 which is a swing-low support.
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Bearish drop for the Aussie?The price has reacted off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 0.6747
Why we like it:
There is a pullback resistance.
Stop loss: 0.6791
Why we like it:
There is an overlap resistance that aligns with the 38.2% Fibonacci retracement.
Take profit: 0.6688
Why we like it:
There is an overlap support level that lines up with the 78.6% Fibonacci retracement.
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#Setup 1 AudusdAUDUSD
There is a short-term Bearish BIAS on DXY.
So I am going long on AUD/USD with a risk/reward ratio of 2
AUDUSD LongAU failed to push lower on Friday and I don't see any sells I can see AU making a higher high and breaking structure on the 30 min time frame there's too many sells market seems to be rebalancing on the 4h time frame so I see this buy setup and see the USD pairs also losing momentum as well.
W Patern on 4HR Chart - It's a buy for next few days.As per my technical analysis, it's confirmed that this pair will retrace to my profit target 1 or 2 ( I will closely monitor the price action for the next couple of days to re-confirm my TP level). i have executed my buy entry last Friday on 4 HR chart (3 bar reversal candles). Good luck....
AUD/USD Bullish Momentum From Support We're currently seeing the Australian dollar strengthen against the US dollar and it advances with strong bullish impulse from major 4H support.
With good R:R we could catch a considerable number of pips with T1 and T2 as our targets as marked on the chart.
Most resent liquidity grab has been confirmed.After the sell off last week we will be looking for longs again.
This is exactly why you use stop losses, not all trades work.
I was wrong last week and not ashamed its just part of learning
we should all look back and re analyze our trades every weekend.
Good Luck Traders
AUDUSD ShortA simple continuation trade following the trend.
Bearish flag formed waiting for clean break targeting next support
AudUsd Trade IdeaOn October 5th I published a short set up for the pair but price never gave the retest and just kept on dumping to the downside. Higher time frames show the shift in price. We had clean bullish structure up until 69350. I personally won't be looking at the pair until we can reach 68200 on the daily to potentially get into some shorts or wait on the push back above the daily HL to continue those longs. The last thing I want is to get caught in a false shift.
AUDUSD. Weekly price action analysisOANDA:AUDUSD
On D1, there is still an ascending structure, the price moves within the ascending channel. The price is now near the bottom of the channel. Potentially good opportunity to open long trades targeting 0.6800-0.6810 and 0.6940.
On H4, a support level appeared in the zone of 0.6700-0.6715, a good zone for opening long trades when a signal appears.
Good luck everyone and stay safe!
AUD/USD – Inverse Head & Shoulders Breakout on 4H On the 4-hour chart, AUD/USD has broken through the neckline of an inverse head and shoulders pattern. The first target is the initial resistance level, with the potential to reach a second resistance.
Trading Scenarios:
1. Long: Take advantage of the breakout to target the first resistance.
2. Short: At the second resistance, consider reducing positions or opening a short if the price shows signs of reversal.
AUDUSD - Short the Rally!20SMA - Blue
200SMA - Pink
How I see it:
1) Still waiting to short.
2) Should a strong correction cause price to close the daily candle
above "SHORT" zone. We'll have to re-calibrate.
Thank you for your time reading, boosting or following my analysis.
I deeply appreciate it.
AUD/USD POTENTIAL OUTLOOK UPCOMING WEEKSDaily bias is bullish
One of the key ICT concepts is that price moves from IRL(internal range liquidity) to ERL (external range liquidity).
The price retraced back and filled the order block (IRL) at OTE level (fib level between 0.618 to 0.786) and reacted off it strongly.
I expect price to seek liquidity above at 0.69500
Tell me what you think of this idea.
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Read The AUDUSD MarketLet's Looking at AUDUSD Chart and Decide to What can we do with the Market in next week, Good luck With Your Trades <3
