Audusd4hr
Just for the sport, quick AUDUSD long trade setup...On the daily chart we can clearly see a Higher High is been made. On the 4 hour chart we can see that price finds support @0.683, this could be a nice window of opportunity to get in a quick long trade to 0.691. For beginners who are new to Forex trading this is a nice setup to trade, very low risk if your trade size isn’t too big. You will see this setup unfold within a week.
Just be patient and enjoy the show!
AUDUSD to reverse from downside confirmation, potential drop!
AUDUSD to reverse from its downside confirmation at 0.67273 where it could potentially drop further to 0.67120.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD to reverse from downside confirmation, potential drop!
AUDUSD to reverse from its downside confirmation at 0.67465 where it could potentially drop further to 0.67322.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD BUYAUD/USD has formed a triangle and corrective wave touching the down trend line, all we see now is a clear upside break out of the triangle to head toward the resistance channel line . .
AUDUSD is also in connection to the USD which is going for short. So i will take my profits around the point 0.68600. Note . there will be a re trace so watch your trade carefully and take good profits , when it bulls out from the yellow line , take your profits 2 around 0.69400 ..
AUDUSD is also still looking for momentum for bullish move , Price is still consolidating and can break the resistance level. watch this trade carefully as it can still fall for the rest of the week ,
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AUDUSD: H4 - BEARISH TP: 0.674 - 250+ Pips #Forex @TradingView AUDUSD: H4 - BEARISH TP: 0.674 - 250+ Pips #Forex @TradingView
Point A: 0.72
Point B: 0.683
Point C: Entry - 0.702
Point D: TP - 0.674
SL - 0.704
Should continue to the downside now...
Now, price could continue to pull to the upside for a little while, but I do not see it creating a new high...
AUDUSD: H4 - No Move Till Retrace to 0.712 #Forex @TradingView AUDUSD: H4 - No Move Till Retrace to 0.712 #Forex @TradingView
So, most times that I see price is about to break structure I switch my analysis...
BUT here on AU I do not believe we will see more highs after this move I see this breaking structure here yes, but will still BEARISH on AU ...
Just do not know how far price will retrace...
The reason I do see price pushing past the last High at 0.700 is because of the speed of this pull back
but def do not see it going past 0.72
After I see price go to about 0.712 then I will be looking for my sells...
AUDUSD: BEARISH TP: Swing to 0.665 - 300+ Pips #Forex #FxProNow AUDUSD: BEARISH TP: Swing to 0.665 - 300+ Pips #Forex #FxProNow
Analysis has stayed the same. We are currently up 100 pips since the call. We have experienced a minor pull back of 40 pips and I have scaled in for another trade still heading to the 0.665 region.
From Point A - 0.718 to Point B - .69
Price Retraced to 38.2%
TP - 0.665
SL - 7.03
AUDUSD: BEARISH TP: Swing to 0.665 - 300+ Pips #Forex #FxProNow AUDUSD: BEARISH TP: Swing to 0.665 - 300+ Pips #Forex #FxProNow
Analysis has stayed the same. We are currently up 100 pips since the call. We have experienced a minor pull back of 40 pips and I have scaled in for another trade still heading to the 0.665 region.
From Point A - 0.718 to Point B - .69
Price Retraced to 38.2%
TP - 0.665
SL - 7.03
AUDUSD Descending Channel Broken... AUDUSD has been travelling in a descending channel, however it has broken out to the upside. Another few confirmations of a long trade was the Higher High made and the major support zone price just tested and bounced from which caused it to breakout of the channel. Price will now come down to retest the channel, and then make its way up to 0.70100 region.