USDAUX trade ideas
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.
audusd short swing trade setupas per top down analysis price already rejected strong level after a good impulse now time to fall the overall aususd market is bearish
AUDUSD shortprice is in a down trend and just broke uptrend line now im expecting Au to sell long term to monthly 50 MA (moving average) after it breaks the support
💡Don't miss the great sell opportunity in AUDUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7598).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 44.
Take Profits:
TP1= @ 0.7564
TP2= @ 0.7537
TP3= @ 0.7510
TP4= @ 0.7493
TP5= @ 0.7472
SL: Break Above R2
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