AUDUSD
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β³1 Hour chart
π² Swing trade
β³οΈBullish entry/Alternative bearish entry
βββββ-βοΈββββββ-
Detailed analysis π¬
1οΈβ£ Parabolic move in AUDUSD
2οΈβ£ Strong break of 0.75000 level
3οΈβ£ Positive risk sentiment, Vaccine news, Selling off USD
4οΈβ£ 0.74500 50% Fibonacci Dynamic support and resistance
5οΈβ£ 0.75200 78.6% Fibonacci Dynamic support and resistance
6οΈβ£ 0.74300Point of control - Volume profile
7οΈβ£ Technical support - Bullish
8οΈβ£ 0.76500 will acted as key reversal-bearish
9οΈβ£ Series of HH,HL,HH,HL patterns
π Possible swing target-0.80000
#οΈβ£ Overall long-term trend- Bullish
βββββ-βοΈββββββ-
π Technical bias-Day-Bullish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as support-Bullish
Ichimoku cloud -cloud is still green-Price is well above the cloud
Bollinger band- Price reached around the middle side of the band-Short term bearish correction towards middle band was expected-Inclined towards parabolic structure
Relative strength index - Around 50 - Bullish rebound was expected
MACD -Histogram is still in red zone, Oscillators are about to cross
Stochastic - Reached around 25- oversold condition will give a medium term pull back was expected
βββββ-β³οΈββββββ-
Key reversal area's
0.75000 psychological level
0.74300 Point of control area Volume analysis
0.76000 Topside resistance
76.200 Break and retest area
0.80000 Major psychological level
0.75200 Possible entry- Bull
0.74860 Recent support level/Strong support level
βββββ-β³οΈββββββ-
Bullish entry #aussiedollar #greenbeck #audusd
Entry price - 0.75200
Take profit 01 - 0.76100
Take profit 02 - 0.77300
π« Stop lose 0.74700
β¬οΈ 2.79 Growth expected
β€΄οΈ Account growth .66: 2.79
β Risk reward ratio 1 : 4.2
βββββ-βοΈββββββ-
Push the like button , And cheer up if you found useful
*********
β³1 Hour chart
π² Swing trade
β³οΈBullish entry/Alternative bearish entry
βββββ-βοΈββββββ-
Detailed analysis π¬
1οΈβ£ Parabolic move in AUDUSD
2οΈβ£ Strong break of 0.75000 level
3οΈβ£ Positive risk sentiment, Vaccine news, Selling off USD
4οΈβ£ 0.74500 50% Fibonacci Dynamic support and resistance
5οΈβ£ 0.75200 78.6% Fibonacci Dynamic support and resistance
6οΈβ£ 0.74300Point of control - Volume profile
7οΈβ£ Technical support - Bullish
8οΈβ£ 0.76500 will acted as key reversal-bearish
9οΈβ£ Series of HH,HL,HH,HL patterns
π Possible swing target-0.80000
#οΈβ£ Overall long-term trend- Bullish
βββββ-βοΈββββββ-
π Technical bias-Day-Bullish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as support-Bullish
Ichimoku cloud -cloud is still green-Price is well above the cloud
Bollinger band- Price reached around the middle side of the band-Short term bearish correction towards middle band was expected-Inclined towards parabolic structure
Relative strength index - Around 50 - Bullish rebound was expected
MACD -Histogram is still in red zone, Oscillators are about to cross
Stochastic - Reached around 25- oversold condition will give a medium term pull back was expected
βββββ-β³οΈββββββ-
Key reversal area's
0.75000 psychological level
0.74300 Point of control area Volume analysis
0.76000 Topside resistance
76.200 Break and retest area
0.80000 Major psychological level
0.75200 Possible entry- Bull
0.74860 Recent support level/Strong support level
βββββ-β³οΈββββββ-
Bullish entry #aussiedollar #greenbeck #audusd
Entry price - 0.75200
Take profit 01 - 0.76100
Take profit 02 - 0.77300
π« Stop lose 0.74700
β¬οΈ 2.79 Growth expected
β€΄οΈ Account growth .66: 2.79
β Risk reward ratio 1 : 4.2
βββββ-βοΈββββββ-
Push the like button , And cheer up if you found useful