wait for break on H1 and short retest. based on recent price action i'm expecting rotation lower and back to main trend. risk reward ratio is great. Good luck!
AUDUSD is in a bullish wedge and a reversal breakout is likely. Price is near a key resistance where the 78.6% fibonacci retracement lines up with the 61.8% retracement and we might see a possible drop from there.
This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Good Luck!!!!!!!!!!!
This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Good Luck!!!!
The video explains everything
Here is a complete view of the AUDUSD sell setup im trading today
AUDUSD has a pretty solid bearish continuation pattern which I am trading this morning until London opens. Thats the only trade I am in!
My first public video based on how i see the charts. Feel free to comment and share your thoughts
Overall we are in a bearish downward trend and we shall see keep dumping to around 0.67500 which is a complete retest of the daily structure. plus more confirmation indicates that there is an anticipation of high liquidity in that zone. we broke head and shoulder pattern in the H4 that why we see price falling and approximately it will move based on the size of...
Video explains all
Fundamental factors as well as technical factors have been explained in the video. Entry and TP have been illustrated. Risk/SL: don't set SL, rather close manually if D1 candle closes above yesterday's high.
SL, TP and entry level have been illustrated in the video.
The AUDUSD has formed a bearish pin bar setup that is very similar to the NZDUSD. The big difference is the bigger price action picture. The AUDUSD is the weaker of the two, and may end up providing more downside if price breaks down in a major way, but I think both charts have attractive setups worth considering.
In this video update, we take a look at AUDUSD as we could see potential upside into the key weekly resistance of 0.7200. The 4hr chart is making higher highs and we could expect price to retrace back to the key highs and find support. If price forms bullish price action we could look for long trades into the key resistance.
Here is a quick video explaining what I see happening for the upcoming week with AU, it is a top-down analysis from the weekly timeframe down to the 15 minute. If you enjoy the videos or want to know more, hit me up from the places down below! Contact Me: -Instagram: @krystianstreit -Facebook Course/Community: Alpas FX - Forex and Crypto Currency Trading Have a...
AUDUSD performed a false break from the .7600 level on Friday. While this was a good bullish trend and perhaps a sign that price will continue it's rise, it simply wasn't strong enough for me to take a position. If price drops back below near term support and forms a double bottom with a sharp recovery then I will re-evaluate and most likely take a long position...
AUDUSD Has Buy & Sell confirmations on both the 4H and the Daily.