AUDUSD ANALYSIS - 17 AUG 2021Here we provide you AUDUSD analysis.chart pattern is most useful tools in trading.
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USDAUD trade ideas
Upcoming short term trade in AUDUSDSell limit @ 0.76003 TP 0.70325 SL 0.77590
Don't risk more than 1% of your account
Note :- Given trade is for educational purpose only . Trade at your own risk
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AUDUSD 4H TF
AUDUSD has been in a sideways channel in an uptrend,
The three corrective ways also ended recently, thus we can expect a nice up move
The RSI is at support and is also showing signs of reversal!
A nice entry can be taken now with a small SL at the previous low,
Keep a first TGT the top resistance, and a second TGT of TGT 2 if a breakout is seen!
RR-4
Possible Pips-0.015
AUDUSD ShortAUDUSD Short
Is this a correct supply zone ?
Feel free to share your opinions in the comment!
BEST SELL OPPORTUNITYPRICE IS IN CONSOLIDATING AREA
price is respecting green trendline
Price break the trendline
Price is showing rejections at 4hour timeframe
ENTRY ; price break the structure low
💡Don't miss the great sell opportunity in AUDUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7385).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 42.
Take Profits:
TP1= @ 0.7331
TP2= @ 0.7289
TP3= @ 0.7239
TP4= @ 0.7195
TP5= @ 0.7150
SL: Break Above R2
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AUDUSD shortim in au sell after the rejection off the trend line and the resistance zone im looking at price to sell down to monthly ma 72735
💡Don't miss the great SELL opportunity in AUDUSDPlease show your support back,
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AUDUSD Daily AnalysisI think AUDUSD is making falling wedge pattern on the support area. But we have to wait for a possible breakout to the upper side and retest along with proper bullish candlestick patterns like engulfing or pin bar or rejection . After confirmation we can take a long trade in this pair .
AUDUSDAUDUSD naked price action ...took support at near short term support...pullback possible...if consolidates for more the 3 hours ..chances if reversal is possible!!!
