USDAUX trade ideas
How to trade REVERSALWhenever the price rally very quickly to support or resistance level. It is difficult for price to break the level
Because all the sellers are exhaust making this type of movement now buyer are waiting with money
To buy at support level
The price may go down so be cautious at this level
Use lower time frame for better time ur entry
Keep learning and earning
How trend changeThe price is making higher high with support of 20 sma and finally at top the price made a double top like patter which is other indication of trend change
20 sma is very important ma for short trend but first see that the price validate that indicator or behaviour
Keep learning and earning
Good opportunity If u see the price is at very critical level of support price follow this level in past many time
Now we are at same level and secondly the price is consolidating which is second confirmation
Go long only if price break the resistance level and took support of 20 sma
You stoploss is 20 sma if price is going in our direction
The price may go down you have to be cautious at this level
Best of luck and keep learning
AUDUSD 1D StrategyAccording to Daily Support and Resistance Level.
We found out, there is an upward trendline formed.
Also by using the Fibonacci level our 1st target is at 50%
and after so on.
HOW TO USE MOVING IN BEST WAY# STEPS
# first see that the price is respecting moving average ( there is no best moving average)
# second draw a trend line like this example
# entry trigger is the candlestick patter
Important - the price must in uptrend and tested moving average 2 times
Keep learning and earning
Breakout TRICK Whenever price make higher lows or lower lows into any support level and resistance level
It will show a good BREAKOUT OR breakdown
Or
When ever any big move into support level and resistance level it will not break the resistance level and support level
Keep learning
Good trading opportunity Never go against the trend so price is in down trend by respecting 50 SMA
I don't recommend you to go for long but u can go short when price go up and took resistance from 50 sma
And show a price rejection candlestick pattern
Best of luck and keep patience
Channel Pattern [AUDUSD]channel pattern rejection in support level
bullish trend, my position 0.73133 buy
AUDUSDAU, we are on trade. hit TP 1. waiting for next confirmation.
Maybe a pull back is soon to complete the right angled triangle pattern.
Use proper risk management.
Thank you
audusd aud usd sell low pis low stop loss u gona make it no advice .........................................................................................................
AUDUSDenter into our area.
use proper risk management.
Thank you.
Note: use trailing stops and waiting for BE
aud usd short posionaud usd is under perfect chanal since few months .enter trade only after getting second conformation
AUDUSDEntry 1 -
50% retracement completed
we can go long from here also
Enrty 2 -
when price comes near channel support we can take entry
AUDUSD Retracement ShortLogic
Good Momentum , prices undergoing retracements
All Levels Mentioned On Chart
How to trade the setup?
When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict
T1 : is Target 1
T2 : is Target 2
When you achieve your first target, book profits of 50%
and shift the stops to the cost
The term Catastrophe Stop, is a maximum movement of price that can happen in opposite direction of trade
so that the setup remains valid, Its basically used, to give some breathing space to the trade,
I may call for a recovery if the setup becomes invalid as the market progress.
As we all know anything can happen in the market and we should respect that
At Last, do your own analysis, before trading your money!
AUDUSDFX:AUDUSD
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AUDUSD drops back to key support on RBA’s YCC pauseAUDUSD slumps 60 pips on the Reserve Bank of Australia’s (RBA) end to the Yield Curve Control (YCC) measures. In doing so, the Aussie pair extends pullback from the 200-DMA, challenging a two-month-old broad horizontal support area between 0.7475 and 0.7450. Given the downward sloping RSI and hawkish hopes from the Fed, the quote may conquer the 0.7450 support to signal further declines targeting the late October’s swing low around 0.7380. In a case where the bearish impulse remains intact below 0.7380, September 24 bottom surrounding 0.7315 will be in the spotlight.
On the contrary, September’s peak near 0.7480 guards immediate recovery ahead of the 10-DMA level surrounding the 0.7500 round figure. In a case where AUDUSD bulls keep reins past 0.7500, the 200-DMA and the latest peak close to 0.7555 should gain the market’s attention. Overall, AUDUSD bears need validation from the Fed to extend the RBA-led downside momentum.
AUDUSD Bullish reversalAUDUSD looks, wait for reversal confirmation. Chart shared for educational purpose, please follow your risk management.
#Long for AUDUSD.As USD get week and AUD get stronger we se a triangle formation on abse and we could expect price to move up to test its high once again 0.75464. so get ready to long in AUDUSD.
