aud usd short posionaud usd is under perfect chanal since few months .enter trade only after getting second conformation
AUDUSD trade ideas
AUDUSDEntry 1 -
50% retracement completed
we can go long from here also
Enrty 2 -
when price comes near channel support we can take entry
AUDUSD Retracement ShortLogic
Good Momentum , prices undergoing retracements
All Levels Mentioned On Chart
How to trade the setup?
When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict
T1 : is Target 1
T2 : is Target 2
When you achieve your first target, book profits of 50%
and shift the stops to the cost
The term Catastrophe Stop, is a maximum movement of price that can happen in opposite direction of trade
so that the setup remains valid, Its basically used, to give some breathing space to the trade,
I may call for a recovery if the setup becomes invalid as the market progress.
As we all know anything can happen in the market and we should respect that
At Last, do your own analysis, before trading your money!
AUDUSDFX:AUDUSD
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AUDUSD drops back to key support on RBA’s YCC pauseAUDUSD slumps 60 pips on the Reserve Bank of Australia’s (RBA) end to the Yield Curve Control (YCC) measures. In doing so, the Aussie pair extends pullback from the 200-DMA, challenging a two-month-old broad horizontal support area between 0.7475 and 0.7450. Given the downward sloping RSI and hawkish hopes from the Fed, the quote may conquer the 0.7450 support to signal further declines targeting the late October’s swing low around 0.7380. In a case where the bearish impulse remains intact below 0.7380, September 24 bottom surrounding 0.7315 will be in the spotlight.
On the contrary, September’s peak near 0.7480 guards immediate recovery ahead of the 10-DMA level surrounding the 0.7500 round figure. In a case where AUDUSD bulls keep reins past 0.7500, the 200-DMA and the latest peak close to 0.7555 should gain the market’s attention. Overall, AUDUSD bears need validation from the Fed to extend the RBA-led downside momentum.
AUDUSD Bullish reversalAUDUSD looks, wait for reversal confirmation. Chart shared for educational purpose, please follow your risk management.
#Long for AUDUSD.As USD get week and AUD get stronger we se a triangle formation on abse and we could expect price to move up to test its high once again 0.75464. so get ready to long in AUDUSD.
AUDUSD teases bullish triangle breakout around 0.7500Upbeat sentiment helps AUDUSD bulls to battle the key upside hurdle around July highs. The buyers are likely to gain from a firmer RSI line, not overbought, as well as bullish MACD signals but 20-SMA and the upper line of the weekly falling triangle’s resistance line, near 0.7500. In a case where the quote rises past 0.7500, the recent top near 0.7545 and the late June’s swing high near 0.7620 should lure the buyers.
Meanwhile, an ascending support line from October 10 precedes the stated triangle’s support line, respectively around 0.7470 and 0.7450, to restrict short-term AUDUSD declines. In a case where the Aussie pair drops below 0.7450, the 0.7400 threshold and October 18 low near 0.7380 should return to the chart. Overall, AUDUSD remains on the front foot but a pullback can’t be ruled out.
AUDUSD - WAITING FOR CONFIRMATION We have to wait for that clear price action breakout in H4 for upward trend line at the same time for real time key level…. Let’s get into another discipline trade
AUDUSD - Sell to BuyI'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
AUDUSD Bullish( Long)In accumulation phase, Tweezers candle shows strength in Bullish Trend start.Buy it for Long trade with trailing SL.
AUDUSDTp 1 hit. waiting for more buy. now AU is in a strong zone. A retracement also will happen. wait for it.
Thank you
AUDUSD: Inverse H&S with Leading diagonal with Third waveAfter 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 neckline. It clearly suggest that AUDUSD is rising in its third wave of an impulse 12345. The measured target of the Inverse H&S is coming about to be near the zone of 0.74200-0.74400 which can also be treated as a target for wave 3 .
Trading strategy:
As long as AUDUSD is maintaining above the level of 0.72270 , one should look for buying opportunity on any minor dip or on cmp for the target zone of 0.74100-0.74400.
AUDUSDWaiting for a retracement on AU for more buy'.
Still AU in up trend, but in 4H chart. it touched on the upper side of uptrend. so if you are scalper, then you will take a short that point.
But I'm focusing on buy only.
Use proper risk management.
Thank you
AUD/USD Long Term Trendline Breakouttrendline 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
Is it alright? Head & Shoulder pattern. Ready to buy? I am on long. Check it guys. And give feedbacks
AUDUSD Trading Idea 8 Oct 2021I think the overall market is in the downtrend, one should look for the selling opportunity. In my personal opinion, Price gave a moderate rejection at the resistance starting to form a hanging man or bearish close or whatever may be the case at 4 hr time frame. If the candle closes around 0.72925 level then you can take a sell entry to put a stop loss at 0.74033. I am bearish with this trade. A possible profit target can be around 0.72310 or somewhere around.
