AU
AUDUSD: Bears Ready To Take Back OverExpecting that the AUDUSD pairs recovery from multi-year lows was corrective and could be complete as price stalled well in bearish territory.
Looking for a break below 0.6775 for continued decline.
Support Levels / Targets
0.6730 -- 0.6680
*RBA's Governor Lowe testifies that Aussie’s depreciation bodes well for the economy, but also reiterated that further rate cuts are on the table, mainly if other central banks continue in the easing path.
**Not Professional Advice - Take trades at your own risk.
-Krecioch
AUDUSD 17/7/19 H4 Chart zoom out
H4 Chart zoom in
17/7/19
- Potential reversal bullish D1 H&S pattern completion when price actually breaks out of the bottom.
- H4 H&S looking for the H4 right shoulder to form - down
AUDUSD Analysis 30/6/19H4 Chart
D1 Chart
30/6/19
Daily bearish trend yet to be broken (price did not break previous high) even though price made double bottom.
Double bottom near weekly now also daily support.
IF price break previous high of the double bottom, potential 36p movement towards the trendline and nearest resistance.
Looking for SELL setup within yellow zone, SELL setup VOID if price breaks the resistance area & trendline.
(IF this happen, look for BUY setup)
AUDUSD - Intraday short ideaAUDUSD H4
Third touch of the trendline
+
Fib golden pocket (61.8 - 71%)
+
Fib time zone (1.5 - 2)
Should see a nice short happening (intraday idea)
1. This profile is for educational purposes ONLY!
2. The setups given are my own perspective of the forex market and by no means require action!
3. Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!
@PipsOfPersia
t.me
AU to continue falling.Despite strong support at .16900, AU will experience a small readjustment but continue to drop.
AUDUSD Long
We are still in bearish BALANCE,
But 3rd bounce usually gives a good retrace
Worth to jump
AU inching lower for shortAUD/USD has been under selling pressure - and with spot price of gold falling and AIG Performance of Services Index for April coming up in the Asian session.
*still only learning, would appreciate any input - thanks and good luck!
- Krecioch
AUDUSD LONGPOTENTIAL LONG ON AUDUSD. CONTINUATION OF H&S FROM EARLIER IN THE WEEK. WILL LOOK TO HOLD UNTIL NFP ON FRIDAY. CURRENTLY IN PROFIT.
XAUUSD The Gold bottom is in This is the tradingplan for next week a bounce back to the ''resistance'' zone what really is going to happen is amateur traders will short that level and provide liquidity.
AUDUSD TRADING IDEA - SELL 17/3/19 FX:AUDUSD
17/3/19 - D1 triangle, price tested 1x purple trendline, bias to the downside if break
D1 CHART
AUDUSDLooking at the "flash-crash" that occurred on January 3rd, if we move to the 1hr time frame and box it off, that is where "smart money" got in and drove the price down. With this, smart money still has long positions in this area and are in need of mitigating their drawdown before we take back off to the upside. Watch price action in this area and pay attention to what smart money wants to do from here.
AUDUSDLooking at the "flash-crash" that occurred on January 3rd, if we move to the 1hr time frame and box it off, that is where "smart money" got in and drove the price down. With this, smart money still has long positions in this area and are in need of mitigating their drawdown before we take back off to the upside. Watch price action in this area and pay attention to what smart money wants to do from here.
