USDAUD trade ideas
AUDUSD SELL LIMIT1) order limit
2) maintain stoploss
3) follow money management
4) journal your trade
Thank you
AUDUSD braces for further upside inside 3.5-month-old bullish chDespite 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. Following that, the August 2022 peak surrounding 0.7140 could act as the last defense of the Aussie pair sellers, a break of which could propel prices towards June’s top of 0.7282 before eyeing further advances.
Alternatively, pullback moves could aim for the aforementioned channel’s lower line, near 0.6800, as well as the 50-DMA level surrounding 0.6770. In a case where the AUDUSD price drops below 0.6770, the bearish trend could be respected, which in turn highlights the 23.6% Fibonacci retracement level near 0.6500 as the attraction for bears.
Overall, AUDUSD holds onto further upside even as the overbought RSI line hints at a pullback.
#AUDUSD Important Resistance ZonePrice 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
The Ikigai of Profitable TradingYou'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 psychology.
Master your mind to master the charts.
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AUDUSDPrice reach at supply zone
Entry at limit
Follow risk management
Journal your each trade
Thank you
SPOT THE LIQUIDITY OR END UP BEING ITAUDUSD 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
AUDUSD DAILY TECHNICAL ANALYSIS 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
Elliott Wave in technical analysisTriple zigzag wave now running in c wave was 5 wave 3 impul 2 corr
AUDUSD sell update, TP HIT10.01.2023
audusd sell target hit with 2.2r profit. congrats if you followed along!
entry criteria : m15 fvg w double confirmation
exit criteria : h1 fvg
total profit : 2.2R
AUD mmsm trade ideataking this trade on audusd on m15 tf. market maker sell model trade setup idea .
AUDUSD CASE STUDYAUD/USD case study
-Price did come back into the demand zone
⁃ Price is not approaching the 4H supply zone
- It has been a lot of imbalance when buyers are in control
AUDUSD bulls are all set to visit the 0.7000 thresholdOn Friday, AUDUSD offered the first daily closing beyond the 200-DMA, as well as a downward-sloping trend line from June, despite an upbeat US jobs report. The upside momentum recently crossed multiple hurdles surrounding the 0.6900 threshold, as well as the tops marked during early September 2022 near 0.6915, which in turn suggests the pair’s run-up towards the 0.7000 psychological magnet. In a case where the Aussie bulls keep the reins past 0.7000, a run-up towards the August 2022 peak around 0.7135 can’t be ruled out.
Alternatively, sellers need to wait for a clear downside break of the resistance-turned-support line from June, close to 0.6830 at the latest. Even so, a two-month-old ascending support line, near 0.6730, could probe the AUDUSD bears before giving them control. In a case where the Aussie pair remains weak past 0.6730, the lows marked during December and the mid-November, close to 0.6630 and 0.6585 in that order, should lure the sellers.
Overall, AUDUSD is ready for further upside towards the 0.7000 psychological magnet.
Elliott Wave in technical analysisa,b,c corr wave now running in c wave. 3rd wave was ending diagonal
Audusd short Audusd can short. in daily Timeframe it was in Downtrend and it filled and filled all arrays now it can move down
AUDUSD MULTI TIME FRAME ANALYSISHello 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 strategy are satisfied...
Keep trading ❤️
Hustle hard ✅
AUDUSD DAILY TECHNICAL ANALYSIS Trading Ideas-
Long positions above 0.6518 with targets at 0.6896 & 0.7126
Alternative scenario
If price goes down 0.6518 look for 0.6385 & 0.6171 as targets.
Supports and resistances
0.6385 & 0.6171
0.6896 & 0.7126
AUDUSDAudusd trade idea for Long /////////////////////////////////////////////////////////////////////////////////////////
