Trade Setup For AUDUSDThe 4-hour right side is up against 5/04/2020 low (0.6373). 1 hour is turning up against 0.6772 low. Near-term, while dips remain above there expect pair to extend higher 1 more push before correction against 2012 peak ends as a zigzag structure & resume the downside.
Short term Signal
Sell AUDUSD
@0.6910.6925
Target: 0.6805
Sl: 0.6955
Good luck !
AUDUSD
Don't miss the great sell opportunity in AUDUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.696). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 0.6860
TP2= @ 0.6760
TP3= @ 0.6660
TP4= @ 0.6562
TP5= @ 0.6400
SL: Break Above R2
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Don't miss the great buy opportunity in AUDUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.657). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 0.6645
TP2= @ 0.6680
TP3= @ 0.6760
SL= Break below S2
AUDUSD TRIANGLE PATTERN SAYS BUY!!!Prices have been back from 0.65600 levels twice and the triangle formed is holding a strong support line. Today, prices have fallen in the Asian sessions but recovered some upward strength.
Also, 0.64322 have Bollinger bands support and trend line support.
From here, prices may test 0.65600 and above levels again as RSI is pointing to an upward movement, and if 0.65600 breaks then immediate resistance will be provided at 0.67200.
Don't miss the great sell opportunity in AUDUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6511). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCHF is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.6443
TP2= @ 0.6375
TP3= @ 0.6263
SL: Break Above R2
AUDUSD GREAT OPPORTUNITY!!!We are getting a bullish movement in audusd. On the daily chart, we can see the trendline is supporting. So, it's pointing that the trend channel must be followed.
So, from this view, we can take a long position, with stop at - 0.63500 and take profit at 0.6700
A good risk-reward ratio we getting here.
BEST FOR SWING TRADE!!!!!
Thumbs up :)
Don't miss the great sell opportunity in AUDUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6475). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 47.
Take Profits:
TP1= @ 0.6410
TP2= @ 0.6370
TP3= @ 0.6255
SL: Break Above R2
Don't miss the great sell opportunity in AUDUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6370). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 0.6310
TP2= @ 0.6265
TP3= @ 0.6205
SL: Break Above R2
A good sell opportunity in AUDUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6373). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD is in aptrend and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 43.
Take Profits:
TP1= @ 0.62490
TP2= @ 0.62030
TP3= @ 0.5977
SL: Break Above R2