Going by the Price action AUDUSD may BO from here.
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Audusd currently breaks the level of 0.68289, and going in Bullish trend, Currently looking for buying opportunities in it. Proper Money Management Suggested till NFP.
Aussie big picture saw a weekly distribution.. also overall the orderflow is bearish.
On AUDUSD daily i would wait for the market to hit my POI for short, till POI the bias remains bullish. i will be looking for LTF distribution at POI for confirmation to sell. Do share your views in the comment section. Thanks
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Points 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...
Overall, AUD/USD is ranging across. The Australian employment data released yesterday indicated a slowdown in jobs creation and unemployment rate continued to decline in December. Employment Change (Actual: 64.8K, Forecast: 60.0K, Previous: 366.1K) Unemployment Rate (Actual: 4.2%, Forecast: 4.5%, Previous: 4.6%) The Australian flash PMI data will be released...
AUDUSD created head and shoulder pattern will see the next movements.
audusd day trade sell 1:3 risk............ good luck............... tele gram : veeran_vaalarivan
After falling near the level of 0.74800 AUDUSD has found its bottom near the level of 0.717000. If we observe carefully we can see an inverse Head & Shoulder pattern whose neckline has been broken decisively in today's session. From the perspective of Elliottwave analysis , we can see a Leading Diagonal & a three wave correction followed by a rally above the...
As 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...
AUDUSD Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
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AUDUSD Short Is this a correct supply zone ? Feel free to share your opinions in the comment!
clear level of structure and waiting for a retracement then buy It back.
Trading in consolidation phase and ready for up breakout for new TP=0.762/0.767
In Daily graph we are able to see a triangular pattern which may give us a potential breakout towards the upside