AUDUSD_LongKForecast is Looking for long in script AUDUSD.
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Investments in securities are subject to market risks, which includes price fluctuation risk. There is no assurance or guarantee that the objectives of any of the products mentioned in this document will be achieved.
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AUDUSD
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.722.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.7265.
TP4: R2=0.73.
Set the stoploss of these orders at breakout of S2=0.72.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.72.
In this situation, there is an expectation to reach the target S3=0.7125.
Set the stoploss of reverse orders at breakout of S1=0.722.
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AUDUSD_LongIn 15MIN Time Frame we looking Buy Opportunity.
Risk Disclosures:
Investments in securities are subject to market risks, which includes price fluctuation risk. There is no assurance or guarantee that the objectives of any of the products mentioned in this document will be achieved.
As a business, we offer stock recommendations based on technical research ONLY. We have not authorized any organization or firm to represent us and offer stock recommendations on our behalf.
As a business, we DO NOT offer or involved in any direct or indirect execution services. Our services are limited to providing research based trading signals.
A great opportunity to buy in AUDUSDMidterm forecast:
While the price is above the support 0.7020, beginning of uptrend is expected.
We make sure when the resistance at 0.7445 breaks.
If the support at 0.7020 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The RSI resistance #1 at 56 is broken, so the probability of beginning of uptrend is increased.
A peak is formed in daily chart at 0.7300 on 11/08/2018, so more losses to support(s) 0.7180, 0.7105, 0.7085 and minimum to Major Support (0.7020) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 57.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (0.71800 to 0.70850). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
Beginning of entry zone (0.71800)
Ending of entry zone (0.70850)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1 : @0.7230
TP2: @0.7320
TP3 : @0.7445
TP4 : @0.7575
TP5 : @0.7655
TP6 : @0.7805
TP7 : @0.8135
TP8 : Free
A great opportunity to buy in AUDUSDMidterm forecast:
0.7160 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.
Technical analysis:
While the RSI resistance #1 at 55 is not broken, the probability of price increase would be too low.
A peak is formed in daily chart at 0.7160 on 10/17/2018, so more losses minimum to Buy Zone (0.7085 to 0.7020) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 43.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy Zone (0.7085 to 0.7020). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
While the price is below the level 0.7105, the probability of beginning of uptrend is too weak, so we would enter the market with buy trades based on Daily-Trading-Opportunities and a day close price above 0.7105 and expect to reach short-term targets.
Beginning of entry zone (0.7085)
Ending of entry zone (0.7020)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1 : @0.7160
TP2 : @0.7230
TP3 : @0.7320
TP4 : @0.7445
TP5 : @0.7575
TP6 : @0.7655
TP7 : @0.7805
TP8 : @0.8135
TP9 : Free
How long will the range of MPP (P) and YPP (S1) last?It ranges from MPP to YPP since last month.
If it is assumed that the moon starts moving since the moon has changed, it will be the flow that aims at shorting from here again.
<< tactics >>
1) Consider a short entry when MPP (P) functions as a resistance line.
The first limit is WePP (P) 0.73924
The second limit is WePP (S1) 0.73423
WePP will be updated on Monday so be careful.
I would be grateful if you like it idea,give me follow or agrees!
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Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
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AUDUSD - Weekly Levels - Loading up for a MoveAUDUSD is poised and should be closely watched for the following trades.
Only risk 2%.
Put 1% in on Breakout on either side and then add the rest 1% after a pullback.
Both trade setups offer very good risk and reward.
With so many important events for USD, big movements may happen. Keep risk in control and try to take benefit of movement on either side.
Would audusd establish downtrend or continue range?The rise of audusd temporarily ceased due to MPP (P) 0.74689 and WePP (R1) 0.74786.
If it invert from here and attack YPP (S1) 0.72900, expectations for downtrend increase.
However, the penetration to YPP (S1) remains as difficult as the previous idea.
Most recently I will consider transactions with a story aiming for YPP (S1) attack.
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1) MPP (P) 0.74689 and WePP (R1) 0.74786 functioned as resistances
short.
The first limit is 0.74000 above
The second limit is 0.73500 above
I conscious of above WePP.
2) It is doubtful that MPP (P) 0.74689 and WePP (R1) 0.74786 functioned as resistance
I will observe it because I am not sure well.
I would be grateful if you like it idea,give me follow or agrees!
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Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
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Can escape the range that lasts more than two years?It have temporarily updated the latest low of 0.74126 this week.
Recently, the resistance line works smoothly and it goes down one step, so if you go as it is, it will be the trend price since 2015.
Weekly chart
There are four lines that become the barrier. (There are many)
1) MPP (S2) 0.73356
2) YPP (S1) 0.72900
3) MPP (S3) 0.72586
4) Horizontal line near 0.71500 (0.71589 on my chart)
Penetrating through these in order and receiving resistance will be a downtrend.
However, even if it comes down trend, it will take a lot of time.
There is also the possibility of lowering slowly so that it is not a trend.
Because, as you can see from the past chart, AUDUSD is easily blocked by YPP.
Nevertheless, as you know, not to have a wishful observation, but to look at the movements at that time to attack areas where risk/reward is good.
Therefore, if keeping down this way, I think that it is enough to take into account only that it is wary of the long trade.
MPP (S1) 0.74517 is the key point for the latest opportunity seen on the 4h chart.
1) Confidence that MPP (S1) 0.74517 functions as resistance
Short, Target is above MPP (S2).
We will be careful of WePP that will be updated tomorrow.
If you are more confident of lowering above YPP (S1) 0.72900 = above Double Zero 0.73000 is also an option.
2) It is doubtful whether MPP (S1) 0.74517 functions as a resistance
If it goes above MPP (S1) 0.74517 and functions as support, I will long, otherwise observe it.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
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Final Buying setup (AUDUSD)Hi, Traders
Audusd has a complex corrective structure in which market is moving towards to Z wave. Taking any long position above the price of 0.8130 is very risky. Be aware !
Currently looking for a flag correction which is almost developed.
Note: This is mere a idea not a trading signal to trade. Trade carefully !
Thank you for your support !
Mr. Crab is the on Way !!So Crab Pattern is Taking Shape !!
and Potential Reversal Zone is Already a Strong Resistance Zone
So Lets Wait !
IF and ONLY it Take a Shape.. Test PRZ top Line
Hit the Sell Button !!
wish you Luck !!
Stop Loss
and 1st Target and 2nd Target is on Chart.
n I have Already Shown a Resistance Zone
Happy Hunting ;)
FX:AUDUSD
AUDUSD ELLIOTT WAVE LONG SETUPHI GUYS THIS IS EDUCATION PURPOSE ONLY
AUDUSD LONG SETUP KEEP WATCH BREAKOUT AND BUY 0.76894
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
AUDUSD for the week AUDUSD was on clear down trend from last week but today it got a firm support from fibo 50 % and support 61 of weekly pivot. If you see previous chart it has bounced from the same price 3 times in a row before breaking it
in the current scenario if price breaks lower than 50%fibo the firs target be 0.7297 and 0.7214
in alternate situation a bounce above the price 0.7373 will call for 0.74458, 0.7528
from my experience of few years whenever price breaks weekly pivots it tends to hit the first and second resistance or support
Happy Trading