Hi traders, We can expect clasic bullish brakout in next few hours/days. There are no limits with Kumo cloud, price is in uptrend and above 20 sma and see also quite good OBV and volume support. My pending order is opened and ready for BUY with; Entry: 0,7860 SL: 0,777 TP:0,7950
Looks like 200 ema was good support in last 10 days, TF H4. If price holds above this line and break descending triangle bullish movement is possible towards 97,00. Entry: 96,20 Stop Loss: 95,90 TP: 97,00
Descending triangle identified. In case of breakout upwards bullish price movement is possible. Looking for long entry. Entry point: 1,8160 Stop Loss: 1,8033 Take profit: 1,8300 Actually I think price could retest soon also previous high at 1,900.
Possible bullish price movement in next 14 days.
We can expect reaction on upper band on H4 TF after pulback think it will be a great opportunity for long setup with target at previous high 607,00.
Decline may continiue in next few days towards the psihological support level 1,800.
Expect trend continuation but due to MACD divergence will see a correction- Elliott Wave IV before next up move so is possible bearish movement towards support at 1,6920 in next few days.
Strong divergence in RSI and MACD could suggests long opportunity. We are also on the bottom of Bollinger on monthly timeframe so bounce northside is very possible. TP1 0.8075.
Due tu fundamental forcast for Aussie is bearish we can see different picture witch suggests bullish note based on daily 200ma, Pitchfork, Eliot and Bollinger. I will look for long from 0,9280 with SL at 0,9180 and target 0,97. Looking for short will be bellow our stop level 0,9180. The same suggests Ichimoku on D1 timeframe.