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AUDUSD

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! ------------------------- -------------------------- 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 ------------------------- --------------------------
Short
by fondiea
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. <> 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! ------------------------- -------------------------- 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 ------------------------- --------------------------
Short
by fondiea
2
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 ------------------------- --------------------------
Short
by fondiea
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
Long
by sakthideva
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
by kr_sonu12