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Audusdanalysis

In the zoneThe market is within the daily horizontal channel and made a long consolidation between prices 0.70103 high and 0.68963. Along the process of completing the three drives pattern, the market also managed to trigger the fair value gap and activated this small bearish order flow because price made a retest to the supply zone and aggressively dropped. The drop is currently violating the demand zone, if it breaks out then we wait for the liquidity wipe out then wait for the market to provide a significant bullish momentum… The first target is 0.69600…
by tokelohomi
AUDUSD SELLSo Apparently have been studying AUDUSD since last Week so I feel now is the right time to drop this Analysis and also we want you guys to take good advantage of this AUDUSD about 102 pips and a 16 pips stop loss, so let me break it down educationally for understanding, so basically on the monthly time frame we had a rejection on our Monthly resistance zone or Level, to breaking it down to the Weekly/Daily TF A Double Top was Created so we are looking forward to test the Daily/ weekly support area. So speaking on our entry level we had a trend line breakout and a nice price retesting on the trend line and after that price started creating Lower Lows and Lower Highs and that’s the number one big confirmation for a down trend so all we need to do right now is to wait for price to test the Highs levels which is the red line zone I marked out then after that we can fully take our Sells. Please drop a Comment on what you think guys I see the Love, I really appreciate
Short
by GoCrazyfx0
3
AUDUSD : Short Trade , 1hHello traders, we want to check the AUDUSD chart together. The price has managed to break the upward trend line and continue to fall to the key level of 0.68600, then it has returned from this level and made a price correction to the level of 0.69900. Considering that the price is moving in a downward channel, we expect the price to fall once again to the level of 0.69900. If the downward price has strength, the next target that can be expected for the price is the key level of 0.67400. Good luck. AUDUSD sell Entry : 0.69843 Stop : 0.70455 , Target : 0.68620 Risk/Reward Ratio : 2
Short
by mrAT_Trader