AUDUSD Wave 2 cant not go past the origin of wave 1. If this does not hold true then we are in a rare triple 3.
Hello Traders! Today we have a bullish bat pattern on FX:AUDUSD . As we see on the chart there is a very nice reversal zone with the confluence of support 0.6919 and weekly S1. Our stops must go below this zone and our targets will be 38.2 and 61.8 fib levels. -- Avto_T Financial Analyst www.rcpforex.com
AUD/NZD edges lower after being rejected by trendline resistance at 1.0970, currently trades at 1.0850. The pair slipped and closed below 200-DMA (currently at 1.0905) in Monday's trade raising scope for further downside. 200-DMA at 1.0905 now flips to resistance, bearish invalidation on breaks above. Supports on downside lie at 1.0824 (10-DMA), 1.0792...
Here is a possible trade setup if the count holds true. Im expecting this to be wave 5 in C, or wave 5 is about to develop if this is a triangle on wave 4 of C. Use your own analysis, this is just an idea.
Lots of confluences for this trade to get SHORT as u can see from the chart: Resistance Fib level High test candle Deceleration 50 ema bounce
VIDEO: www.youtube.com CYPHER PATTERN PAIR: AUD/USD TIME-FRAME: 1HR TRADE: CYPHER PATTERN Potential Cypher Pattern on the AUD/USD 1HR time frame. IF we reach point D, THEN we sell. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: ...
SIMPLE TRADE SETUP: - OVERALL DOWNTREND - PRICE TOOK OUT PRIOR SWING LOW AND PUT IN A NEW LOWER LOW - BREAK/RETEST OF SYMMETRICAL TRIANGLE - DAILY SHOOTING STAR/DOJI CLOSE OFF 61.8% FIB - ABCD IN PLAY TARGETING 0% AND -27% FIB
AUDUSD is likely to go bullish.Its a bounce from a trendline,a bullish pattern has formed,support line,we're looking to hold the long position until about .7120 area
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VIDEO: www.youtube.com CYPHER PATTERN PAIR: AUD/USD TIME-FRAME: 4HR TRADE: CYPHER PATTERN If we can get a push down on the AUD/USD Then we can look for an opportunity with a potential bullish Cypher Pattern. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart ...
AUD/USD is extending gains for the fourth consecutive session, pair currently at 0.7120, day's range 0.7068/0.7140. Technicals indicate further upside for the pair, bias is higher, Stochs,RSI and MACD point north, gains upto 0.7250 likely. Bid tone around the Aussie gathered pace after BoJ announced negative rates and hinted at more interest rate cuts if...
it seems that 3 waves zigzag correction has been ended near 61.8% of prior impulse. divergence in play. now, there is no clue that this zigzag is end of correction or just wave W of a complex correction.
AUDUSD Just made our 2 for wave 5. This gives us a good entry point with low risk and high reward. Im conservative and set my Take Profit for 1.618 of wave 1. This allows me to trade the other waves such as wave C in 4 and also wave 5 that will finish this cycle.
VIDEO: www.youtube.com BAT PATTERN PAIR: AUD/USD TIME-FRAME: 4HR TRADE: BAT PATTERN Went live on the AUD/USD 4 Hour Bat Pattern. Looking for Target 1 and Target 2. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart FACEBOOK: facebook.com YOUTUBE: www.youtube.com
AUD/USD now pushing further down below the 0.69 handle, giving up almost 60 pips from session highs reached at 0.6958 in early Asia. Risk sentiment seems to have worsened over the last hours, with the Asian stocks paring gains as oil and copper recovery falters. Techs on 4H charts point lower, pair cloud test channel base around 0.6830. 0.6920 (4H 5DMA) is...
AUDUSD has retraced to a S/R level, which means it is a good time for bears to hop on the downward trajectory bandwagon. Target 0.68 if brave enough and pick up $1k on a single lot trade!