AUD/JPY retesting done in short sideAgain selling started in AUD/JPY it tested the PENNANT pattern breakout. Now it started moving in down side again.
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AUD (Australian Dollar)
AUDCHF Update + BreakdownEven though Our initial POI that we showed, from where we wanted to sell was invalidated...
But the bearish structure was not violated yet!
We had a level market 'Untouched OB-' . Where the market could still come
and create the lower high from there. So, what price did was - it created internal liquidity
which helped to generate enough liquidity for strong bearish move.
Price came to the untouched OB and created the last lower high before it dropped hard 🔥
💡Don't miss the great buy opportunity in AUDCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.8874).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 43.
Take Profits:
TP1= @ 0.8929
TP2= @ 0.8980
TP3= @ 0.9051
TP4= @ 0.9132
TP5= @ 0.9188
SL= Break below S2
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EURAUD Trading Plan - 23/Jun/2022Hello Traders,
Hope you all are doing good!!
I expect EURAUD to go DOWN after finishing correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Hello guys this analys is GBPUSD read this analysToday High Impact News of USD is at 6.00 PM. According to the news, the forecast is 0.8%, if the actual rate comes to 0.9% then USD will be better and our pair is GBPUSD and GBP tomorrow market has come on monthly support due to fall. If the actual price is 0.9% or more, then GBPUSD will go down in a heavy margin and if the work is more than 0.8% then it will go above the monthly support, then I tell you that you should not trend today, do not take the risk of news. There is no belief that it can be good and it can also be bad. trade on for own risk thanks
💡Don't miss the great sell opportunity in EURAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.4876).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 1.4816
TP2= @ 1.4745
TP3= @ 1.4695
TP4= @ 1.4649
TP5= @ 1.4599
SL: Break Above R2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
AUDCHF Trading Plan - 31/May/2022Hello Traders,
Hope you all are doing good!!
I expect AUDCHF to go down after finishing the correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
EURAUD Trading Plan - 26/May/2022Hello Traders,
Hope you all are doing good!!
I expect EURAUD to go down from here.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea