AUDUSD Sell Trade opportunity Currently, the market is on the Fibonacci 0.61 level, there is a bearish candle indicating that it is a good level for a retracement. I am expecting that the market will retrace to the next support level indicated on the chart.
Despite the latest pause, AUDUSD extends the week-start pullback from a nine-month high as the economic calendar starts spreading key releases. In doing so, the Aussie pair stays inside the monthly bullish channel. That said, the RSI retreat from overbought territory joins the downbeat MACD signals to also tease bears. Even so, a convergence of the stated channel...
sell aud usd key levels inducement break of structure poi and good risk reward pls support
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-AUDUSD H1 Short Analysis. -Strong USD= Sell AUDUSD. -T&C's: Trading leveraged products such CFDs on forex and derivatives may not be suitable for all investors as they carry a high level of risk to your invested capital. Please ensure that you fully understand the risks involved, taking into account your objectives, risk tolerance and level of experience, before...
Hello Traders! 1. We see an Elliotical rising wedge completed. 2. A clear impulse down . We can expect at least one more impulsive wave even if it happens to be a zigzag correction and not an impulse down. 3. A retracement of 61.8%. 4. The invalidation level and target levels have been marked on the chart . 5. This is not a very long term trade ....
im not a financial advisor trade at your own riask
Audusd long EP: 0.71018 TP: 0.71142 SL: 0.70915 RRR: 1.28
1) order limit 2) maintain stoploss 3) follow money management 4) journal your trade Thank you
Despite the AUDUSD pair’s south-run on the downbeat Aussie jobs report, the pair trades successfully inside a 3.5-month-long upward-sloping trend channel. That said, the overbought RSI highlights beyond an ascending trend line hurdle stretched from mid-November and the 61.8% Fibonacci retracement level, respectively near 0.7015 and 0.7090 as near-term key hurdles....
Price has reached a very strong resistance zone On the H2 time frame As we can see, price is moving in a rising wedge pattern Two ways to enter the trade 1: Sell price with your nearest target at 0.69600 2: Wait for the breakout of the pattern to short price
You're mistaken if you think that being a profitable trader revolves around cracking the code to defeat the market and being able to predict it's every move. Trading is about probabilities and about how well you're able to maintain the balance of the ikigai of trading (my words) which are 3 equally important things namely - an edge, risk management and...
DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex...
Audusd Wait For Good Confirmation In 0.6890 Buy Zone Area
Audusd Wait For Good Confirmation In 0.6990 Sell Zone Area For Sell Trade
AUDUSD SELL (11.02.2023) Recap of a trade i took today, audusd sell on m15 tf this is one classic high probability setup that i mostly look for. bullish orderflow -> bsl grab -> target ssl entry criteria: 0.5 fib level of m15 OB exit criteria: m15 OB before bullish BOS total r: 6RR
Trading Ideas- Long positions above 0.6518 with targets at 0.7126 & 0.7276 Alternative scenario If price goes down 0.6518 look for 0.6386 & 0.6171 as targets. Supports and resistances 0.6386 & 0.6171 0.7126 & 0.7276