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Aud

AUDCAD high probability setupBefore price's previous break, it was in a consolidation where it eventually swept liquidity below support. It preceded to push to the upside with massive momentum where it eventually consolidated again, forming liquidity above an external range double top(or head and shoulders) and below an internal range support. Since price is currently in a bullish trend, it could look to clear out this internal range liquidity first before clearing the external range liquidity and breaking further to the upside. This gives as an opportunity of a trend following entry, which is an identified golden zone below the identified internal range liquidity with a tp target of the latest high.
Long
by BlackTygaTrades
Gbpaud likely more upside...Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Could have break up or some pullback before heading higher. In my watchlist Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
Long
by Shadowing_The_Big_Boys
AUDCHF-Harmonic Pattern at Key Resistance Hints Bearish ReversalAUD/CHF is exhibiting a harmonic pattern, suggesting a potential reversal point. This bearish signal gains significant weight as Point D of the pattern, also known as the Potential Reversal Zone (PRZ), coincides with a key resistance level. This confluence of technical indicators strengthens the possibility of a bearish breakout. Key Levels: Point D (PRZ): 0.60840 - This is the critical level where the harmonic pattern suggests a potential trend reversal. Key Resistance: 0.60840 (coincides with Point D) - Price encountering resistance at this level reinforces the bearish bias. Trading Strategy: Based on the harmonic pattern and resistance confluence, a short position on AUD/CHF appears attractive. Entry: Short entry can be initiated at the break below 0.60840, which confirms the bearish breakout from the pattern and resistance zone. Stop Loss (SL): A stop loss can be placed above the recent swing high or just above the broken support level (0.61002) to limit potential losses in case of a false breakout. Take Profit (TP): Three potential take profit levels are identified: TP-1: 0.60690 TP-2: 0.60534 TP-3: 0.60378 Risk Management: Always prioritize risk management. The chosen stop loss should limit potential downside, while take profit targets should align with your risk-reward ratio. Consider taking partial profits at TP-1 and TP-2 to secure some gains while leaving a trailing stop loss to capture further downside if the move continues. Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Conduct your own research and due diligence before making any trading decisions.
Short
by trading_jupiter
1
Buy AUDCAD Triangle BreakoutThe AUD/CAD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9075 Target Levels: 1st Resistance – 0.9114 2nd Resistance – 0.9131 Stop-Loss: To manage risk, place a stop-loss order below 0.9160. This helps limit potential losses if the price falls back unexpectedly. Opportunity Breakdown: Triangle Breakout: Price action recently broke above a bullish triangle, a continuation pattern suggesting further upside potential. Retest Confirmation: The price has retested the broken resistance line of the triangle and held, indicating strong buying pressure. This retest adds confidence to the breakout. Ichimoku Cloud Support: The current price sits comfortably above the Ichimoku cloud, a technical indicator that often signals bullish momentum when the price is above the cloud. Thank you.
Long
by KABHI_TA_TRADING
2
Sell AUDCAD Symmetrical TriangleThe AUD/CAD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position below The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9070. Target Levels: 1st Support – 0.9028 2nd Support – 0.9007 Stop-Loss: To manage risk, place a stop-loss order above 0.9090. This helps limit potential losses if the price falls back unexpectedly. Bearish Breakdown: Triangle Breakout Retest: The price action recently broke above a bullish triangle, indicating a potential uptrend. However, it has now returned to retest the broken resistance line of the triangle. This retest often precedes a reversal. Ichimoku Cloud Resistance: The price is currently hovering near the Ichimoku cloud, which can act as a resistance zone. A rejection from this area could further strengthen the bearish case. Thank you.
Short
by KABHI_TA_TRADING
2
Buy GBPAUD Triangle BreakoutThe GBP/AUD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.9235. Target Levels: 1st Resistance – 1.9334 2nd Resistance – 1.9400 Stop-Loss: To manage risk, place a stop-loss order below 1.9180. This helps limit potential losses if the price falls back unexpectedly. Opportunity Breakdown: Triangle Breakout: Price action recently broke above a bullish triangle, a continuation pattern suggesting further upside potential. Retest Confirmation: The price has retested the broken resistance line of the triangle and held, indicating strong buying pressure. This retest adds confidence to the breakout. Ichimoku Cloud Support: The current price sits comfortably above the Ichimoku cloud, a technical indicator that often signals bullish momentum when the price is above the cloud. Thank you.
Long
by KABHI_TA_TRADING
2
Heading into 61.8% Fibonacci resistance?AUD/CAD is rising towards a resistance level which is an overlap resistance that aligns with the 611.8% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.90910 Why we like it: There is an overlap resistance level that lines up with the 61.8% Fibonacci retracement. Stop loss: 0.91189 Why we like it: There is a pullback resistance level. Take profit: 0.90489 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
AUDJPY Channel Up topped. Sell signal.The AUDJPY pair reached the top of its long-term Channel Up, while at the same time the 1D MACD is about to complete a Bearish Cross today. This is a strong sell signal combination and the minimum decline that the pair has within this Channel Up on a pull-back, has been -1.84%. As a result our short-term Target is 102.650. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
Heading into 50% Fibonacci resistance?AUD/JPY is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support. Pivot: 103.95 1st Support: 103.49 1st Resistance: 104.47 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Could GBP/AUD reverse from here?Price is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support. Pivot: 1.9313 1st Support: 1.9093 1st Resistance: 1.9429 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Heading into 38.2% Fibonacci resistance?AUD/USD is rising towards a resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.6649 Why we like it: There is an overlap resistance level which lines up wit the 38.2% Fibonacci retracement. Stop loss: 0.6711 Why we like it: There is a pullback resistance level. Take profit: 0.6559 Why we like it: There is a pullback support level which lines up with the 61.8% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
Could GBP/AUD bounce from here?Price is falling towards a support level which is an overlap support that aligns with the 50% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 1.90167 Why we like it: There is an overlap support which lines up with the 50% Fibonacci retracement. Stop loss: 1.89433 Why we like it: There is a pullback support level. Take profit: 1.91494 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
EURAUD: The most important zones to watchHey Traders, above is a technical overview on EURAUD and the most important zones to watch, we are watching EURAUD for a potential selling opportunity from the resistance area of 1.63100, We would also like to consider the current DXY weakness for potential dollar strength, the dollar is indirectly negatively correlated with AUD, when the dollar is weak stocks, cryptocurrencies and metals prices become interesting and AUD is positively correlated with stocks along with NZD. Trade safe, Joe.
Short
by JoeChampion
1
Falling towards pullback support, could it bounce from here?EUR/AUD is falling towards a support level that lines up with the 78.6% Fibonacci projection and could bounce from this level to our take profit. Entry: 1.61539 Why we like it: There is a pullback support level which aligns with the 78.6% Fibonacci projection. Stop loss: 1.60030 Why we like it: There is an overlap support level which lines up with the 127.2% Fibonacci extension. Take profit: 1.63691 Why we like it: There is an overlap resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets