Going for buy after a deeper correction in the lower time frame. Will look for another entry even if stop hits.
Reason for selling AUDUSD Fundamental factors are supporting the USD as the recent inflation figure beats the expectation 4.16% which causes the buying of USD against major pairs. It has reached lower trendline area.Sell AUDUSD when it reaches around the .618 Fibonacci level and primary target would be 1.272 Fibonacci. AUDUSD #audusd Sell limit @ 0.77770 Take...
AUDUSD Sell Setup Found For Scalping
AUDUSD BROKE ITS LAST RESISTANCE LEVEL AND NOW IT TESTING BACK THE AREA AS A SUPPORT ......THE PULLBACK IS COMPARATIVELY WEAK THIS COULD BE A GOOD OPPORTUNITY TO ENTER INTO A LONG POSTION
AUDUSD H4 sell after breakout of double top pattern
We have a 5 Wave upward Impulse complete which is followed by a Correction which is a Flat. Hence this 5 Wave upward Impulse becomes a Wave 1 and the Flat structure becomes a Wave 2, both are complete and hence now we have The Wave 3 in the Long Term hence overall the Trend is Upward. This Trade is for the Long Term Investors Over a Decade and above we...
will go SHORT on AUDUSD because: 1) The price is forming a Chanel or Rectangle Pattern . 2) The price also broke the trend line . 3) The price is also under Support/Resistance zone. 4) It has touched the resistance. 5) Target would be the Support area . Book profit when it reaches the support zone . ENTRY : 0.71610 FIRST TARGET : 0.71373 STOP LOSS : 0.71633
AUDUSD is showing the formation of a Bearish triple top pattern in M30, H1, and H4. Possible short opportunity.
The 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 !
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...
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 :)
The 4-hour right side is down against 12/31/2019 peak (0.7030). 1 hour is turning down against 0.6571 high. Near-term, while bounces fail below 0.6571 high and more importantly below 0.7030 high expect pair to extend lower.
HERE IS A GOOD BUYING OPPORTUNITY EMERGING AGAIN IN AUDUSD PAIR. IT'S BULLISH GUYS, WE CAN TAKE A LONG FROM HERE TO TARGET OF 0.65300 ANOTHER BULL RALLY WILL BE HAPPENING SOON. :)