TF: 15 MIN Looking to short on the corrective pullback, price looks like it was rejected near the trend line. I am anticipating some selling will occur. Long-term I think AU is bullish, this sell is mostly for a corrective pull back. Trade safe
SHORT LOOKING FOR A RETRACEMENT BACK TO TREND LINE BEFORE FURTHER UPSIDE. DXY MAY FIND SOME SUPPORT SOON
Hi Guys, Hope its been a good day of trading plenty of opportunities. This one is nice if it bounces off of daily pivot towards a previous low. It could fall even further down wards S1
TF: 4 HR Price looks to be falling out the trend line and may start a new downtrend. I am looking for sells now if price can retest and reject. As always keep it simple.
AUDUSD printing a strong rejection of 0.6550 at end of April. Looking for price to test previous support before a continuation lower.
Hello Traders, Here's my analysis for AUDUSD, seems to be trading in a Wave Form respectively and will make its correction down when it hits 5th wave :) Trade Safe
🔸 4H CHART EXPLANATION: . . 🔸 Price bounced at the Resistance Zone. . 🔸 It has broken the Short Term Ascending Channel. . 🔸 We consider it has potential to reach the Support Zone. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY CHART ANALYSIS:
Please message me with any questions tips or suggestions! -CO
This is my view over this pair right now, AUD gainned some strenght last week and confirmed the break-out of the descending channel! Now testing a major resistance line.. lets see how it behaves! My first opinion is scenario B ! But we are ready for either one! Whats your opinion on this pair? Let me know in the comment session!! Also, if you want to join me...
Good short opportunity. Looking at the last candle we can see sell pressure inside this consolidation.
- Overall Bearish trend - Major Trendine - Major Resistance/Support Level
The price broke out a few times out of the daily resistance, but always came back again. The H4 trend channel was broken. The price also made 2 equal highs and the third one was a lower high then the previous one. We can also see now, that the price not only made a lower high, but also a lower low. TP is located i the lower H4 zone. SL is above the last big spike.
Hi all, I believe that AUDUSD will drop in price! We have had a break in a trendline and are currently waiting for a drop after a retest as well. My dummy got in a sell at the wick smh! Have more fun than I am right now with a sell at that wick haha!