On the 1-hour timeframe, AUDUSD has experienced a significant trendline breakdown, Presenting an Unmedicated area where we can consider a short-side entry. Upon confirmation on the 15-minute timeframe We can plan a trade on the short side, setting our stoploss of 7 to 10 pips and initial take profit (TP) at 30 pips and our secondary TP at 50 pips. This area also...
The AUDUSD pair attracts some intraday sellers in the vicinity of the 0.6700 mark, or over a five-month top touched during the Asian session on Monday, and drops to a fresh daily low in the last hour. Spot prices currently trade around the 0.6660 area, down just nearly 0.10% for the day, and the downside is sponsored by a modest US Dollar (USD) uptick.
AUD USD just took a trade based on simple chart pattern
AUDUSD - CLEAR LIQUIDITY SETUP IN 1H TF
Reason for long a) Consolidation breakout possible b) bull candles are gaining movement inside the consolidation zone c) vwap support d) good entry point above the doji candle e) Good risk reward zone f) SL compulsory
current trade in aud/usd is up because of same type of structure formation in aud/usd history repeat itself so f2 is likely to follow f2 so here is the plan
Description: Embark on a lucrative trading journey with a compelling Forex opportunity that revolves around an AUD/USD sell trade, meticulously analyzed through advanced technical indicators. As the global financial markets continue to evolve, strategic traders are eyeing this potential profit-making scenario with great anticipation. Technical Analysis...
On 1hr timeframe we can see head and shoulder pattern then breakout of the neckline after closing below the neckline i took my entry my target is 2.5 RR or 200 Exponancial moving average and my stop is entry candle's high. Hope you will learn how to trade H&S pattern hear results will be in front!! PlZZ click boost or Like..
in recent history it follows the flag and poll pattern so here is what i see
As We Can Aud/Usd Have Broken The Downside Trend In Daily Time Frame And Is On A Support Area And Have Potential Of Going Up Till 0.64740 Sl Would Be Last Day Candle And It Would Have A Rr Of 1:2.5 And Then We Can Partiallly Book The Profit And Trail Till 0.65200 OANDA:AUDUSD
buy comparing the f1 and f2 both likely are the same patterns so we expected the f2 to followsnthe path of f1 and will go down
it's recent history suggest it will make inverted head and shoulder pattern the gives the breakout which traps the buyer on upside and then continues it measure trend i.e downside
AUDUSD drops nearly 50 pips even after the Reserve Bank of Australia (RBA) matches expectations of announcing a 0.25% rate hike. In doing so, the Aussie pair extends the previous day’s pullback from the 100-day SMA while poking a five-month-old horizontal support. It’s worth noting that the RSI (14) line’s retreat from the nearly overbought territory also suggests...
Greetings, beloved companions! Following a prolonged period of lateral movement, AUDUSD has at last regained its upward momentum. This resurgence is attributed to the weakening of the USD, which in turn provides substantial support for this particular currency pair. Having effortlessly surpassed the 0.644 peak, there is potential for it to establish itself as a...
after triangular small consolidation and sudden rise in aud/usd it may fall down as per analysis from history figure no 1 although aud/usd is bullish right now if dxy index shows upside then and only then this setup is applicable