Audusdanalysis
#AUDUSD Uptrend MOVEMENT POTENTIAL with Risk:reward =2.3Currency pair Australian Dollar Vs US dollar ,
Time Frame is 4 hours.
what is the analysis?
Break out from the downtrend movement.
what is a downtrend movement?
Wave will be created in the form of upper high, upper Low, upper high, upper Low, and we can observe the breakout from the downtrend.
This is the Buy call with a Risk: reward ratio of 2.4, First Target is 0.67043 second target is 0.69175.
Hope our analysis is adding value to your trading journey and Happy trading
#tradingstrategy, #forex trading, #AUDUSD , #currency pair, #AUDUSD forecast
#AUDUSD Uptrend MOVEMENT POTENTIAL with Risk:reward =2.3Currency pair Australian Dollar Vs US dollar,
Time Frame is 4 hours.
what is the analysis?
Break out from the downtrend movement.
what is a downtrend movement?
Wave will be created in the form of upper high, upper Low, upper high, upper Low, and we can observe the breakout from the downtrend.
This is the Buy call with a Risk: reward ratio of 2.4, First Target is 0.67043 second target is 0.69175.
Hope our analysis is adding value to your trading journey and Happy trading
#tradingstrategy, #forex trading, #AUDUSD , #currency pair, #AUDUSD forecast
AUDUSD, Downward Movement with risk:reward ration 1.87#AUDUSD, Downward Movement with risk:reward ration 1.87 , #forex #audusdforecast
Breakout from Symmetrical triangle.
Hey Traders,
HOPE our analysis is adding value to your Trading Journey.
If yes, cheer us with Thumbs up...
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
AUD/USD - DAILY TIME FRAME - SWING TRADE - SELL SET UPPoints to consider for Sell Set up:
Price has broken downwards from the DAILY BEARISH FLAG PATTERN.
Price is currently retesting the break of the flag pattern and also the daily Break of Structure (BOS) price region/zone, which is also Golden zone of Daily Fib Retracement (61.8% to 78.6%)
Price Rejection is observed on the Higher Time Frame (HTF)
Inverted hammer candle/Pin bar seen on the 4Hour Time frame.
BOS and retest observed on the 1H Time Frame.
Note: Plan Your Trade and Trade as per Your Plan
AUDUSD ANALYSIS ON H4 CHART.Overall, AUD/USD is ranging across. Recently, AUD/USD broke above the key level of 0.72.
The Australian employment data will be released later at 0830 (GMT+8).
Employment Change (Forecast: 60.0K, Previous: 366.1K)
Unemployment Rate (Forecast: 4.5%, Previous: 4.6%)
AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000.
Look for short-term buying opportunities of AUD/USD.
AUDUSDAs I said last weeks ...as I said AU is in a very strong area where it has been in range for a few weeks ... but as long as it is on the trend line , I will keep the SELL idea until the 0.74990 area and from there ... I will reanalyze!
THIS WEEK...as I was saying since April 2021 ... AUDUSD went down and made the 800 pips we were talking about, reaching the 2nd target where it rejected strongly! (see red line)
in the next period I expect to see a range between zone 1 and zone 2 and only a closure even for 1 day below these zones will make me rethink the whole strategy! now I will wait to touch one of these areas and then I will decide an entry with BUY or SELL
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 92% in the last 5 months
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
💡Don't miss the great sell opportunity in AUDUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7598).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDUSD 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 44.
Take Profits:
TP1= @ 0.7564
TP2= @ 0.7537
TP3= @ 0.7510
TP4= @ 0.7493
TP5= @ 0.7472
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
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 ❤️
AUD/USD analysisAccording to my analysis AUD USD going to be bullish Soon.
Possible, 1st resistance near: 0.7807
2nd resistance and Supply :- 0.7970
There is a trendline from Higher timeframe
Demand near:- 1nd;- 0.7694
2nd;- 0.7648
And AUD/USD net short retail sentiment is high. So smart money may take long side.
Hey what's your thoughts comment below?