Looks like AUDUSD finally setting a bottom@0.7532, yet I won't hurry as we wait for more confirmation. Current push from 0.7532 lows looks impulsive & we picked up again @0.7555 once it crossed above 0.7575 -wait for the best pick between 0.7550 - 0.7555 - suggested in previous update as mentioned below.
AUDUSD - 650+ pips - Wave Talks Australian Language
AUDUSD - 650+ pips - Wave Talks Australian Language
Trade active
15:59 Hrs 23rd Nov2017Last Price@0.7630
We book partial in long position initiated at 0.7555 to 0.7630 & shall wait for pullback to join the upside move later.
Trade active
15:57 Hrs 24th Nov2017Last Price@0.7610
Drops from 0.7630 & close by level to 0.7606 - There is a minor support between 0.7600 -0.7605 If holds then we get to see upside push & going above 0.7620 give us further clues.
Trade active
16:12 Hrs 27th Nov2017Last Price@0.7635
Dipping slightly below minor support & bouncing strongly above 0.7605 looks good for next upside to 0.7700-0.7710 once it starts travelling above 0.7640 highs.
Trade active
19:25 Hrs 29th Nov2017 - Last price@0.7557
Hardly moved above 0.7640 - close to prior lows. Next move above 0.7600 will take it back for new highs above 0.7644
Trade active
19:48 Hrs 29th Nov2017Last Price@0.7562
Last time we picked the pair at 0.7555 - It is back again at 0.7555
This time double bottom
Bullish Cypher
Can we get 0.7620 - 0.7644+ targets on upside - if it holds above 0.7555
Trade active
10:53 Hrs 30th Nov2017Last Price@0.7588
Awesome - It pushes up exactly from previous low@0.7555 - Double Bottom & Bullish Cypher.
Trade active
18:13 Hrs 2nd Dec2017Last Price@0.7609
Cypher explosion or double bottom@0.7555 - Done with the target zone 0.7620-0.7644
Trade active
19:05 Hrs 4th Dec2017Last Price@0.7609
We are in middle of choppy move & move below 0.7595 -pair can attempt 0.7550-0.7555 -which is very important zone as below 0.7530 - it will run for new lows.
Trade active
14:33 Hrs 5th Dec2017Last Price@0.7637
From last update earlier hardly stayed below 0.7595 & above 0.7600 had travelled to 0.7653 highs -which is close to channel top -unless it moves above 0.7667 - we are bearish for lower targets which could be 0.7555 -minor support where we got 75 pips in between with bullish cypher.
Staying below 0.7650 have strong chances of travelling down below 0.7532
Trade active
20:41 Hrs 5th Dec2017Last Price@0.7609
Perfect !!!
Perfect in below 0.7650 - Makes recent low@0.7602 - Book Partial & Try to join on bounce in the zone 0.7630-0.7635 if holds as resistance on top or below 0.7600 mark.
Trade active
10:45 Hrs 6th Dec2017Last Price@0.7580
110 pips again in over night position!
What a selling at 0.7650 to 0.7602 - Booked & Entered again at 0.7630 & Book partial again at current price@0.7580
Later sell below 0.7600 if it faces resistance else sell below 0.7550
Trade active
17:45 Hrs 6th Dec2017Last Price@0.7685
Started falling from close to 0.7600 @0.7596 - Suggested to sell - we are in again with strict 5 pips stop loss @0.7600+
If goes below 0.7550 then good entry again else we come back again. Remember below 0.7550 - pair will be weak.
Trade active
18:16 Hrs 6th Dec2017Last Price@0.7590 - Hold
Still in sideways action so stops of 0.7600 is not good idea but we are expecting a fall once it starts moving below 0.7570 & take out 0.7550 as 2nd confirmation level for downside move.
Trade closed: target reached
18:56 Hrs 7th Dec2017Last Price@0.7520
Total 1150 pips locked - watching price closely for upside push next above 0.7520
Thanks!!!
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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.