BUY TREND will be start soon in AUDUSD, Reversal pattern found..

4299
๐Ÿ“ˆ AUDUSD Price Forecast ๐Ÿ“ˆ
snapshot
In the smaller time frame, AUDUSD has formed an Inverse Head & Shoulders pattern, signaling a potential reversal. The price has successfully broken the 50 EMA and the neckline with a strong bullish candle, confirming the pattern.
snapshot
On the 4-hour time frame, the pair has also broken above the 50 EMA and is now approaching a descending trendline. The reversal pattern and increased buying volume suggest that a breakout of the trendline is imminent, leading to bullish momentum.

๐ŸŽฏ Technical Target Levels:
- 0.6285
- 0.6350
- 0.6450
- 0.6535
- 0.6680 (Final target)


๐Ÿ“Œ Key Highlights:
- Confirmed Inverse Head & Shoulders in smaller time frame.
- Breakout of 50 EMA and neckline supports bullish sentiment.
- Increased volume indicates strong buying pressure.
- Watch for a breakout above the descending trendline for further confirmation.
โœ… Stay Prepared!

Like, comment, and follow for real-time updates and accurate forecasts.
Donโ€™t miss the bullish breakoutโ€”trade smart with expert insights! ๐Ÿš€
๐Ÿ“ข Join our community for more profitable signals and trading ideas!

#AUDUSD #ForexTrading #TechnicalAnalysis #TradingSignals
Trade active
Market Insight:
AUDUSD initially flew towards breaking the trendline, but the market has now pulled back to retest the 50 EMA. Based on current price action, this retracement offers a solid entry point, and from here, we are likely to see another strong rally towards higher levels. ๐Ÿš€

Key Highlights:
โœ… Trendline Break Attempt: Initial surge was promising, but now we're seeing a healthy pullback.
โœ… 50 EMA Support: The retracement to the 50 EMA suggests strong buying pressure from this level.
โœ… Most Likely Outcome: Given the structure, chances are high that the price will fly upwards once it finds support here.

Action Plan:
This is a great level to enter or add positions, with targets aligned towards the upside. Stay focused and manage your risk!

Letโ€™s watch this setup unfold!
Note
Market Insight:
AUDUSD is currently consolidating near the trendline, showing signs of buildup. A breakout appears to be on the horizon, and the market is aligning for a potential move in the coming days. ๐Ÿš€

Key Observations:
โœ… Trendline Pressure: Price is hovering at the trendline, indicating possible breakout momentum.
โœ… Consolidation Phase: The market is gathering strength, which often precedes a significant move.

Action Plan:
Keep a close eye on this pairโ€”wait for the breakout confirmation before entering trades. Watch for strong bullish or bearish candles to signal the trend direction.

Stay patient and prepared for action! ๐Ÿ“ˆ
Note
Market Insight:
AUDUSD has successfully broken the trendline with a strong bearish candle, confirming a potential shift in momentum. Now, the market is retracing, preparing for a possible bounce. Once the retracement completes and we see a clear confirmation of a bullish reversal, it will be a great opportunity to enter trades. ๐Ÿš€

Action Plan:
๐Ÿ“Œ Wait for confirmation signals like a bullish engulfing candle or a strong breakout from consolidation.
๐Ÿ“Œ Enter trades carefully and aim to hold towards our target levels.

Stay focused and donโ€™t miss this trading opportunityโ€”patience will pay off! ๐Ÿ”ฅ
Note
snapshot
Breakout trendline and also retracement down on there now it's going to break 200EMA after that fly towards our target...
Note
๐Ÿ“ˆ AUDUSD Trade Update ๐Ÿ“ˆ

Market Insight:
AUDUSD broke the trendline with a strong bullish candle and successfully reached near TP2. Now, the market is retracing from that level, coming back to test the trendline, strong support level, and order block.

Next Steps:
๐Ÿ“Œ Wait for a bullish confirmation candle at the support zone.
๐Ÿ“Œ Once confirmed, weโ€™ll re-enter trades targeting the next levels.
๐Ÿ“Œ Stay patientโ€”this retracement is a healthy move before the next push upward.

Keep an eye on the setupโ€”big moves ahead! ๐Ÿš€๐ŸŽฏ

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.