audusd contain more liquidity it should sweep that and give both buy and sell position
AUDUSD bears ran out of steam during the sixth week of the downtrend by positing the slimmest losses since mid-July. Even so, the Aussie pair faded bounce off a downward-sloping support line from early March, not to forget staying beneath a six-week-long descending resistance line. It’s worth noting that the nearly oversold RSI and the impending bull cross on the...
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Wait for 4hr candle close below 0.63750. we can target 70-80pips for a short trade.
AUDUSD bears take a breather after a five-week downtrend, portraying a falling wedge bullish chart pattern around the yearly low. Adding strength to the hopes of recovery is an upward-sloping RSI line, not overbought, as well as the bullish MACD signals. However, an area comprising multiple lows marked since late May, around 0.6460-70, restricts the short-term...
ABC ,correction wave , WEARE ASSUMING MARKET FOLLOW B TO C ACCORDINGTO ELLIOTT WAVE ANALYSIS , I AM NOT AN FINANCIAL ADVICER , Use properrrr and have safe trading marathon
zone has been placed above the inducement and proper imbalance
A daily closing beneath a nine-month-old rising support line, now resistance around 0.6480, keeps the AUDUSD bears hopeful of witnessing further downside even as the oversold RSI conditions prod the immediate declines. That said, the 78.6% Fibonacci retracement of October 2022 to February 2023 upside, near 0.6380, checks the bears while the last November’s bottom...
my point of view for upcoming FOMC meeting on midnight 11:30 IST
AUD-USD is moving in sideways pattern in HTF where we are aiming to buy on lows and sell on highs on 1h time frame there are few key areas to lookout LTF Demand Zone 0.65190 to 0.64970 LTF Supply Zone 67395 to 67140 Pullback Area 0.66030 - 0.66320 we also have bullish divergence on RSI indicator we can use pullback area as Target 1 and LTF supply zone as...
FROM 0.01 RISK IS 12$ , REWARD IS 56 USE PROPER RISK MANAGEMENT . .Trade Idea: BUY 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 4 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading...
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
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 ANALYSIS 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 2.8 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any...
AUDUSD 4 Hour Analysis (11 August 2023) 1. Price is in a range / consolidation from almost 2nd August 2. If the price takes support from the demand area, also in DMI we can see the confirmation, then we can go for long 3. If the price breaks the demand area, then with retest we can go for short, but we will take a confirmation on DMI / ADX
AUD/USD Price Analysis: The key barrier is seen at the 0.6600 area The AUD/USD pair remains on the defensive around 0.6555 in the Asian trading hours on Wednesday. The prevalent US Dollar buying bias is supported by the headlines surrounding the US-China relationship. That said, the US government intends to target only Chinese companies that generate more than...