Pair: AUD/USD
Trade Setup( BUY )
Pattern Type: Likely a Harmonic or Corrective Wave Pattern
Entry Target Zone: Highlighted by the red resistance zone, marked with a black arrow
Entry Point: Around 0.6650 - 0.6680 (based on chart visual estimate)
Stop Loss: Just above the resistance zone (~0.6700)
Take Profit Levels:
TP1: 0.6500
TP2: 0.6400
TP3 (extended): 0.6300
---
⚖️ Risk/Reward Ratio:
Assuming:
Entry: 0.6660
Stop Loss: 0.6700 (40 pips risk)
TP1: 0.6500 (160 pips reward)
Risk/Reward = 1:4
(Potential for even better R/R if targeting lower TP levels)
---
🔍 Technical Notes:
Price rejected from prior resistance level
Price action below Ichimoku Cloud
Bearish momentum forming lower highs
Clean R/R setup with a tight invalidation level
Trade Setup( BUY )
Pattern Type: Likely a Harmonic or Corrective Wave Pattern
Entry Target Zone: Highlighted by the red resistance zone, marked with a black arrow
Entry Point: Around 0.6650 - 0.6680 (based on chart visual estimate)
Stop Loss: Just above the resistance zone (~0.6700)
Take Profit Levels:
TP1: 0.6500
TP2: 0.6400
TP3 (extended): 0.6300
---
⚖️ Risk/Reward Ratio:
Assuming:
Entry: 0.6660
Stop Loss: 0.6700 (40 pips risk)
TP1: 0.6500 (160 pips reward)
Risk/Reward = 1:4
(Potential for even better R/R if targeting lower TP levels)
---
🔍 Technical Notes:
Price rejected from prior resistance level
Price action below Ichimoku Cloud
Bearish momentum forming lower highs
Clean R/R setup with a tight invalidation level
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.