Currency 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...
Currency 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...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
AUDUSD confirmed a falling wedge bullish chart pattern during the early days and is keeping the breakout so far during Wednesday. The RSI (14) line’s gradual rebound from the oversold territory adds strength to the upside bias. However, a convergence of the 100 and 200 DMAs, around 0.6770 at the latest, appears a tough nut to crack for the Aussie buyers to keep...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
I found a double top in 4hr time in AUDUSD .Neckline also broken and I thought this is the retracement ,and the retracement also finished. So we can except some fall Let's wait and watch.
#AUDUSD
#AUDUSD Downtrend Movement Risk:Reward 1.8 #Forex
Sell at 0.67009, SL 0.67689, Target 0.65757
Analysis Breakout
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NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should...
#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%...
according to my statergy audusd showing down trend and it is taking pull back so may we can except short position at 0.67592 and the target is 0.67278 and stop loss is 0.67694 risk reward ratio is around 3
I don't really uses terminologies like names of candlestick or chart pattern but to tell you about perticular scenario it's required to use such easy terminologies.
!! it's only applicable if the price takes support from 0.6720 not if it breaks support.
1 = if price take support then it's possible that it will go to 0.6783 and it can come back to support but this...
Even if sustained trading below the 100-DMA and a three-month-old ascending trend line become necessary for the AUD/USD bears, a daily closing below the 200-DMA and an upward-sloping previous support line from October 2022 signals the pair’s further decline. Further, the bearish MACD signals and downbeat RSI adds strength to the downside bias. Hence, the sellers...
