USDAUD trade ideas
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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!!!
AUDUSD buy setupas we can see clearly the price is moving in a downwards channel now it reversing from the bottom of the channel by forming a bullish engulfing candle in daily so we will wait for a 50% pull back of the daily candle to see potential buy set ups .
audusd sort to medium term bullish viewuse dips for buy with small quantity target will defiantly hit
Buy in USD/AUD Depending on todays Closing, we can calculate Time also for a Target of USD/AUD which is 1.3510
Time can be calculated by WD Gann Method.
The lowest Possibility is if Market closes above 1.3415 & if it closes around or between 1.3355 / 1.3410 then Market will reach in next 3 to 6 days Max.
AUD usd elloit wave count We took a few steps back to see what the possible out come can be on AUDusd interms f the wave patterns.
THIS IS JUST AN IDEA AND PREDICTIONS IS NOT RECOMMENDED ITS ALWAYS A GOOD IDEA TO LOOK AT ALL INFO AVAILBLE.
BUT FOR NOW WE JUST LOOKING AT WAVE PATTERN
AUDUSD LONG SETUPBREAK OF STRUCTURE VISIBLE IN 1HR CHART, IF MARKET REJECT FROM REJECTION AREA TO UPSIDE I'll GO LONG ..AND IF IT BREAKS THE SUPPORT DOWN TREND CONTN..UPTREND IS MOST EXPECTED.. PLEASE DO DOUBLE CHECK BEFORE ENTERING TRADE..THIS IS ONLY MY ANALYSIS..NOT SIGNAL
TARGET 40 PIPS AND STOP LOSS 25 PIPS ACCORDING TO MY STRATEGY.
