selling AU at this POI, confirmed first rejection from supply. Low risk high reward
We saw AUDUSD Short Because, AUDUSD Rising Wedge Breakout or Retest Complete.
Having breached a one-month-old bullish channel the last Friday, AUDUSD portrays a recovery that recently crossed the 200-SMA and a horizontal support area comprising multiple levels marked since early December 2022, respectively near 0.6900 and 0.6880-70. Also adding to the downside filter is a seven-week-long ascending trend line, close to 0.6840 at the latest,...
As the price has come into lower bound range it seems more favorable to anticipate a good Bull run .
FX:AUDUSD A retracement to the upside then a strong pull back to the downside is expected on AUD/USD USE RISK MANAGEMENT AND TRADE THE MONEY YOU ARE WILLING TO LOSE SMART MONEY CONCEPT
AUDUSD Long Idea EP: 070823 SL: 0.70619 TP: 0.71145
#AUDUSD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
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