AUDUSD SETUP COMPLETEDThis setup played out as anticipated earlier on in the week. Keen to see what the new week may have in store for us
What are your thought ?
AUDUSD trade ideas
AUDUSD - First " SHORT " Then " LONG "20 SMA - Blue
200 SMA - Pink
Key Confluence Areas - Grey Lines
How I see it:
1) Price will continue down to fill Imbalance first.
2) Then re-test previous confluence area @ 0.67000
3) Then continue down further.
4) Once price holds below 0.66200, 0.6500 is next.
AUDUSDAnalysis of AUDUSD 4-hour time frame
In the specified areas, especially in the swap zones, you can enter the position after seeing the confirmation within 15 minutes
Looking at AUDUSD Price ActionsLet's Read the AUDUSD Market Price Actions and Decide to What gonna do in next days, Good Luck With Your Trades <3
AUD/USD Short Trade IdeaPrice is at an area of resistance. The current Bias is Bearish. There has been a weekly divergence on the RSI, which is another confluence to support this Bias.
On the daily timeframe a head and shoulders pattern has formed and last week the right shoulder has finally broken through support. Breakout traders are long here.
For a more secure entry, pullback traders and continuation traders can wait, but there is the chance that a pullback does not occur and it continues to the next area of support.
Take Note of TP1, TP2, and TP3. These are all daily zones and need to be treated as zones or areas.
The above is only an idea of what could possibly continue to happen. Stay safe and always use proper risk management.
Aud usd trend#audusd
Observing the shoulder shoulder pattern at the end of the uptrend
The pattern can cause the price to fall to the minimum initial target of 0.65700.
The trend has become downward and the head and shoulders pattern has also been activated.
AUDUSD 4H bullish trendAUDUSD 4H Bullish Trend continues
hope i get the chance and my order would get filled at around 0.6650
WHAT DO YOU SEE?A stronger reason to short the Aussie was given from the breakdown of price at the neckline of the 4H Head and Shoulders Pattern.
MEANWHILE,
DISCLAIMER: This is only my opinion of the market and not a trading signal. FOREX trading is highly risky.
Sell AUD/USD Bearish Flag The AUD/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 0.6733, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 0.6662
2nd Support – 0.6626
Stop-Loss: To manage risk, place a stop-loss order above 0.6760. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
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Best Regards, KABHI FOREX TRADING
Thank you.
AUDUSD STRUCTURE The weekend is here, go back to your drawing board and check if you followed your rules, broke them, or stayed patient. practice continuous learning and be flexible when making analysis always remember the people we admire don't have 2 heads it all boils down to how we use our time effectively. This is the structure we will be following for AUDUSD we will wait for the price to get into the 15-Min OB before we can look for further confirmations to sell off to the 4H OB. Do well to like share and follow, stay tuned for more updates.
AUDUSD: Bearish Reversal Confirmed 🇦🇺🇺🇸
AUDUSD formed a head and shoulders pattern on a daily time frame.
With the release of the yesterday's US fundamentals,
the price dropped rapidly and violated a neckline of the pattern.
We can anticipate a further bearish continuation now.
Next supports: 0.6645 / 0.657
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Short AUDUSD on major resistance!!!My overall bias on AUD in the long term is still bullish, but I expect some big retracement on this pair. AUD has struggled to break out as the price has lost momentum on major resistance at the 0.6800 area. I wait for a break of the support level, and the price is below 20 and 50 ema to enter the sell trade
Trade safe and manage your risk guys!!!
AUD/USD BEARS TO STILL DOMINATE THE PAIR As we close the 1st week of September, my future analysis of the pair is as follows
Current Price Action:
The price is currently around 0.66716. My 4 hr tf range is marked between 0.67138 and 0.67669, indicating a potential reversal or consolidation zone. FVP retest area around 0.66973, suggesting a potential level where the price might reverse after retesting. First Target is @ 0.66225 as a first target zone, which is also an area of an unmitigated zone. This could be a significant support level if the price continues to drop—2nd target @ 0.64796, further down and indicating a deeper retracement.
Liquidity Zones
Below the 2nd target area, there's a liquidity area left unmitigated. This area might attract the price if it continues to decline, as it indicates a zone where previous orders were left unfulfilled area of reversal order accumulation is around 0.66716. If the price reacts to this zone, it might attempt to test higher resistance levels again before any further decline.
AUD-USD Bearish Breakout! Sell!
Hello,Traders!
AUD-USD is going down
And the pair broke the
Key horizontal level
Of 0.6700 which is now
A resistance and the breakout
Is confirmed so we are bearish
Biased now and we will be
Expecting a further move down
Sell!
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Check out other forecasts below too!
Head & Shoulders pattern on the AUD/USD 4HR chartHead & Shoulders pattern has formed on the AUD/USD 4hr chart,
the neckline has just been broken so it's time to look for an entry
and exit points.
AUDUSD Going as expectedWe analyzed the pair to fall and it's sinking deeper and deeper... what a joy to behold
AUD/USD 2 Entries +200 Pips 0 Drawdown , Is It Will Continue ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDUSD Bearish Breakout!AUD-USD broke the support
Cluster of the rising and
Horizontal support lines
Around 0.67484 and the
Breakout is confirmed
So as the pair is going
Down we will be expecting
A further fall down
AUDUSD next move(expecting bearish move)(mid term)(06-09-2024)Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the mid term (06-09-2024)
Current price-0.67400
"if Price stays below 0.67600 then next target is 0.66750 and 0.66000 and above that 0.68500.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk more than 1% of principal to follow any position.
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Is AUD/USD forming a head and shoulders pattern?The quality of the Head & Shoulders pattern forming over the last 17 days could be better, but prices are likely to trade lower if 0.6696 is breached. The pattern suggests the price could reach 0.6568, though a slide to 0.6643, the August 13 high, seems more likely. Until a clear breach of 0.6696 occurs, AUD/USD might reach 0.68. This afternoon's NFPs will set the tone.
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Downtrend It is expected that the downward trend will continue to the previous bottom range. Then, according to the behavior of the price in this range, the continuation of the movement process will proceed according to the specified paths
