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
Audusd taking a reverse back and going in upward trend, looking for buying opportunities in AUDUSD.
Keeping SL of 0.71852 one should go short on AUDUSD for tgt of 0.70550. It looks like pair is corrective in a three wave fashion after formation of a leading diagonal.
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...
Inverse Head & Shoulder Pattern on 1H Time Frame which is kind of a bullish pattern.
Overall, AUD/USD is ranging across. Recently, AUD/USD trended into the resistance zone of 0.73000 after the release of the strong U.S. inflation data, leading to the weakening of USD. Currently, AUD/USD is trading towards the resistance zone of 0.73000 and the next support zone is at 0.71000. Look for buying opportunities of AUD/USD only if it breaks the...
upside startup move is seen CPI and PPI news from USD. 2 days setup - resilience.
I'm looking for Sell to Buy setup in AUDUSD, Daily time frame market is bullish, so i believe market is retracing in lower time frame. Look for LTF BOS before taking any trade
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...
trendline breakout on daily timeframe. As long as AUDUSD is maintaining above the level of 0.7300 , one should look for buying opportunity on any minor dip or on cmp for the target zone of 0.7570
we have got 3 levels to the downside now looking for mark up phase
AUDUSD Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
AUDUSD has dont level 1 and we got the retrace its time for LEVEL 2 RISE!!!!
The current price action clearly suggests that AUDUSD is rising updward in an impulsive manner & just finished it 4th wave. one should buy on cmp with SL of 0.73600. & look for the tgt of 0.7500 / 0.75500 as a wave 5.
After an impulsive move AUDUSD should head south for a three wave correction. Keeping a SL of 0.72810 one should sell the currency pair for tgt of 0.72000
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