IrfanMahmood
AUDUSD 4 hour chart is providing a crystal clear chanel trading opportuinities. Good Luck and trade safe
The price did not move to 0.7645 level to form a perfect technical bearish cypher
A very nice support is at 0.7520 level, and if it breaks then it will fall to a 100 pips to 0.7420, as it can be projected with the descending triangle.
Reasons: Long Trend line has been broken Neck of head and shoulder has been broken Bearish Divergence Lovely Evening Star
There are several technical reasons are there to short AUDUSD in 4 hour chart, and all of them mentioned in the chart. Good Luck and always trade safe.
It seems a very nice entry point now to shoot AU down with a SL 0.7600 and TP 0.7380, as it broke a very long and nice trend line, alongwith the clear divergence. Good luck and trade safe.
5 waves have been completed in AU 5 hour chart and it is in the final corrective wave. Good Luck and trade safe.
A very solid trend line in AU 4 hour chart seems to break soon to open the doors for bears.
A very nice Bullish Cypher is going to form in 4 hour AUDUSD chart @ 0.7397 level. And if you notice there is a very nice divergence also very obvious. Good Luck and trade safe.
Projected 5 waves
Some people think that along with the 50% fib retracement to make B point , we may consider 38.20% level as well, and if this is the case then it is going to me a nice Bullish Bat at 0.7440
A very nice Bearish Cypher is going to form in Daily chart of AUDUSD at 0.7645.
Is AUDUSD in 4 hour chart flying towards 0.07650 level to form a Bearish Cypher?
5 waves has been completed in 1 hour AUDUSD, divergence is also very obvious.
A very nice Bearish Gartley is going to form in 1 Hour AusUsd time frame at 0.7335. Good luck and trade safe.
A very nice bearish divergence has been formed in AUDUSD 1 hour chart.
A very nice Bearish Bat is going to form in the GBPUSD 240 chart. Good Luck and trade safe.