Reason for short a) Bear pole and flag set up b) Vwap for short side c) Good risk reward zone d) Weekly breakdown e) QQE short side f) SL compulsory
Prices advanced in five waves from 0.6477 to 0.6667. This wave pattern is significant because impulse waves identify the direction of the larger trend. Thus, the five-wave advance in AUDUSD implies further buying to come that would push prices above 0.6667 as wave (iii). The subsequent decline that is developing in three waves supports this analysis. Counter trend...
AUDUSD stays on the way to posting a second consecutive weekly loss while reversing the post-FOMC rally. In doing so, the Aussie pair portrays a U-turn from an 11-week-old horizontal resistance surrounding 0.6640 amid a pullback in the RSI (14) line from overbought territory and a looming bear cross on the MACD. Also keeping the pair sellers hopeful is the clear...
Potential AUDUSD Sell ahead of the FOMC meeting. Potential TP levels are +2.5R and +4.2R.
AUDUSD PRICE will be DOWN FALL TILL AT 0.06562 take A SHORT ENTRY as shown in the picture
Trade logic 1- daily bearish 2-retest at 15m done downside 3-break of previous day low wig. 4-rejection fib level0.5 at h TF Manage your risk properly. let see where it goes . target to the lower side liq.
Market price order now. Hoping for the momentum tonight. All the best.
upward movement would be anticipated from the zone below which corresponds with the lower green line caution : this week is the time for both central banks for rate meeting mind their effect #triggerpriceaction
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 appears well-set for biggest weekly loss in seven while extending the previous week’s U-turn from a 3.5-month-old horizontal resistance area surrounding 0.6675-80. The Aussie pair currently pokes the 200-SMA support near 0.6565 amid an impending bear cross on the MACD and a retreat in the RSI (14) line, which in turn suggests slower grind toward the south....
Aussie-dollar trend in recent times has violated the characteristics of a proper downtrend. Looking at the 1W TF, there was a lower high (LH) and lower low (LL) seen on April 4 and October 10 2022 respectively. Price rallied to the Willis zone at Fib 0.5 to 0.61 on January 30 2023 and plummeted downwards with an expected target of 0.61900 completing a 100%...
In this technical analysis, we dissect the recent breakdown of the head and shoulders pattern on the AUD/USD currency pair, signaling a potential bearish trend reversal. We examine key levels, indicators, and price action, providing insights for traders looking to capitalize on short-side opportunities in the market. Stay informed and navigate the foreign...
AUD/USD: This is a Forex currency pair that represents the exchange rate of the Australian Dollar (AUD) against the US Dollar (USD). Traders often analyze this pair to make trading decisions based on the economic conditions and geopolitical factors affecting both countries. Flag Pattern: In technical analysis, a flag pattern is a continuation pattern that forms...
Set a limit for AU sells but price hit SL DO NOT take any of my trades they are for personal record
There is a strong demand zone, which I drew in green colour. if the price touch the zone and and give a bullish signal, like bullish candlestick pattern, then we can enter for a long trade. our target will be 0.65315 and SP 0.64873.
Just traded reversal probability of audusd comformed by good volume
FOREXCOM:AUDUSD 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 Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
The AUD/USD discovers support near 0.6550 in the European session on Monday. The sell-off move in the Aussie asset has stalled as the US Dollar drops. The US Dollar Index (DXY) corrects to near 103.76 as hopes of the Federal Reserve (Fed) pivoting to rate cuts are imminent. S&P500 futures remain muted in the European session, indicating a sideways trend....