Audusd4hr
AUDUSD Elliott Wave View: Right Side Calling LowerHello Traders,
AUDUSD short-term Elliott wave view suggests that the bounce to 0.7384 high ended blue wave (X) bounce. Down from there, the pair has broken to new lows already confirming the blue wave (Y) lower. Thus suggesting that the right side in the pair is to the downside. The decline to 0.7084 low unfolded in 5 waves impulse structure. And should have completed the red wave A of a possible Zigzag structure.
The internals of lesser degree cycles within that decline also unfolded in 5 waves structure i.e Black wave ((i)), ((iii)) & ((v)). Where the initial decline to 0.7237 low ended black wave ((i)) in 5 waves structure.
Up from there, the bounce to 0.7361 high ended black wave ((ii)). Below from there the decline to 0.7165 low ended black wave ((iii)) in another 5 waves structure. Then a 3 wave bounce to 0.7234 high ended black wave ((iv)). Finally, a move lower to 0.7084 low completed black wave ((v)) of A as ending diagonal structure.
Up from there, the pair is doing a 3 wave bounce in red wave B bounce for the correction of 0.7384 high. The internals of that bounce also expected to be in a zigzag correction but expected to fail below 0.7384 high during the week. We don’t like buying the pair as the right side is calling pair to trade lower & expect sellers to appear at the completion of black wave ((a))-((b)).
AUD/USD BULLS ARE COMING BACK AUD/USD LONG TRADE . SL 32 PIPS TP 61 PIPS JUST UNDER A 2.1 TRADE.
Been waiting for this pair to show a new entry for awhile . I believe we will have another bull run to the upside this week.
Price is currently at heavy support zone and many other confluecnes for me so I'm long this pair. Wanted to enter last week but wasn't happy with PA so didn't chase the market and today the market has come to me. LETSS SEEE !!!
Falling Wedge Pattern 4hrA simple candle formation here, Aussie pushed out of the wedge during the Asian session and has maintained a strong upside movement through the remainder of today. I will be taking this pair up to the previous high of 0.77657 . A buy order outside of the wedge would have entered you into the trade whilst you slept and now into deep profit. Simple simple simple chart work.
AUDUSD H1 and H4 Watching for Short Buying OpportunityVolume has been created and the Volume Extended Zone has been made. Price will move inside the zone and retesting the zone validating the upward move. Watch for buying opportunity by the successful zone test. If zone break below zone that mean zone is invalid and must search another pattern.
The recommendation is to watch for short opportunities uptrend move.
AUDUSD Long IdeaPending Long @ 0.7700
Stop Loss @ 0.7650
Target @ 0.7960
RR Ratio @ 3.2
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Pending Long @ 0.7690
Stop Loss @ 0.7570
Target @ 0.8050
RR Ratio @ 3.0
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Buying 3rd wave and 5th wave.do not like to sell in pullback. I prefer the long side.
Trading involves substantial risk of loss. I'm just providing insight into what trades I'm taking.
Please like & leave a comment if you found my trade idea is constructive.
AUD/USD (SP) (SHORT)There is possibility to go SHORT from the price of 0.7954 to the level of 0.7880,0.7825
TP should be considered 38.2%,50%,because of Reversal ....
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
50 Pips Opportunity - AUD/USD LongThis is a trade more in the short term category, and so I would suggest to risk half what you usually risk. So that way you still get into the position and make some profits if it goes as expected, if not, you lose half what you usually lose.
This is only a signal/idea. Always make your own analysis and money manage properly.
Happy trading!
FX:audusdHello fellow traders,
AUD/USD pair might be building a broadening falling wedge. Wave IV is expected to enter wave I teritory. If it so, it gives us an opportunity to enter short positions - wave V. Also it is attractive because of the Risk/Reward ratio. So, lets start selling.
Sincerely,
Trader.