AUD/USD Giving A Good Bullish P.A ,Long Setup After ConfirmationThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Audusdbuy
Wed 22nd Jun 2022 AUD/USD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/USD Buy. Enjoy the day all. Cheers. Jim
Audusd longsPotential Confluence support (blue) of HTF trend line and HTF support.
On break of LTF descending channel and minor resistance, bullish continuation is highly likely.
This scenario has not yet occurred at the time of publishing so stop loss should be adjusted to the lows that price will give and not just static.
AUDUSD LONG H4Market Structure: Downtrend
Area of Value: Resistance. Reversal
Entry: Reversal confirmed by RSI divergence
Exit if Right: 2 tranches on possible resistances
Exit if Wrong: below historical support
RRR: 1:2
Confluence: D1 chart respects the support the level, if the bearish pattern/downtrend continues, we will still win on a 1:1 ratio as we are waiting for a rally.
LONG ON AUD/USDPrice broken above a major resistance zone with a nice bullish candle with full body.
Price has plenty of room to continue to the upside as this pair has been oversold for a while.
here is the play I will be taking on this pair:
P = 0.70864
SL = 0.70170 - 71 PIPS
TP = 0.72562 - 168 PIPS
🧅AUDUSD 15M1:5 RR on AUDUSD
.
Good Luck Trader 💯💯
.
.
.
🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
AUD/USD Giving A Good Bullish Price Action , Time To Buy ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUD/USD Making Double Bottom Pattern, Long Setup After Closure ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions