AUDUSD SWING TRADE - LONGFor quite some time AUDUSD has been travelling in a horizontal channel. It has been bouncing up and down in between the zones marked out above. Price has started making some higher highs, meaning that we could be seeing a rally to the top of the channel. We expect price to come backdown to test the black trend line marked out above before making it's rally up.
WE HAVE BUY LIMIT ORDERS AT OUR ENTRIES MARKED ABOVE, WE WILL KEEP YOU UPDATED ON THE TRADE IF anything happens
Audusdbuy
AUDUSD Buy - Strong Support on Bullish TrendWhen was the last time you have taken a look at the monthly or weekly chart of AUDUSD?
If you do so, you would realise 2 things:
1) AUDUSD is way undervalued.
2) Price is already at the bottom of a 4 years range.
Under these 2 conditions, there's very little reason for us not to focus on buying AUDUSD.
Previously, the price has already broken above a 4-month falling trendline, signalling for a turn into a bullish trend.
The price climbed and retraces within a rising channel and it is now about to reach the bottom of the channel.
Furthermore, the price will also find support at the previously broken falling trendline, as well as the 50% Fibonacci level, just enough for a bullish trend to resume.
AUDUSD - PULLBACK - 23. APR. 2019WELCOME TO DACAPITAL-TRADING!
AUDUSD FOREX BREAKDOWN 23 APRIL 2019
1 HOUR
Strong bearish open this week below previous support level
4 HOUR
Market taking out weekly long holders before making further moves upside
DAILY
Slowly rising market with several pullbacks and waves
PULLBACK SETUP
SELL AUDUSD
ENTRY @ 0.71280
SL @ 0.70910
TP @ 0.71700
(Use normal Risk!)
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
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AUDUSD : Waiting For Either Short Or Long PositionAUDUSD is struggling with its critical price . If the price mange to break the both support line and horizontal zone , then it's strongly believed that we'd go for short position. Otherwise , if the price able to go upward with sharp candles , then we'd go for long position ............................
Long Position For AUDUSDI just spotted a Three White Soldiers Pattern @60 Mins Timeframe.
I don't know is this the right pattern or not, but as soon as I spotted this. I decided to entry Long Position :
BUY @0.7075
STOP LOSS @0.7000
TAKE PROFIT @0.7180
It may go up, it may be not.
This is just an analysis and my perspective. This is not a signal or a suggest, so trade based on your own favor :)
Good luck!!!
Cheers!!
#AUDUSD Technical analysis with short and long termWe can see in the following graph that the audusd is in a distinct downward trend, we see this for several reasons:
1. We are under any serious moving average ( 100, 200)
2. When we have a red cloud is a sign of a downward trend + when you are below the cloud it is a sign of a downward trend and when the blue line above the red is again a sign of a downward trend ( According to Ichimoku indicator)
3. You can see that Audusd has already tried to break the support already 3 times with no success and every time he touched support he went back up but every time it was smaller than the previous time.
Our recommendation is buying in the short term and selling in the longer term.
Buy AUD/USD:
Entry Price: 0.7040
Take Profit: 0.7130
Stop Loss: 0.6950
AUDUSD: BULLISH TP: Swing to 0.740 - 350 Pips #Forex #FxProNow AUDUSD: BULLISH TP: Swing to 0.740 - 350 Pips #Forex #FxProNow
On the Weekly TF we see a level of support that is being held around 0.706
We saw a level of support being held at this area before...
Maybe this will be held again and we will find a retrace at this point.
We will have to see...
Just that there is not much to do with this pair since on the lower tf's there is major consolidation...
So this is the only major move I see available for now.
AUDUSD: BULLISH TP: Swing to 0.740 - 350 Pips #Forex #FxProNowAUDUSD: BULLISH TP: Swing to 0.740 - 350 Pips #Forex #FxProNow
On the Weekly TF we see a level of support that is being held around 0.706
We saw a level of support being held at this area before...
Maybe this will be held again and we will find a retrace at this point.
We will have to see...
Just that there is not much to do with this pair since on the lower tf's there is major consolidation...
So this is the only major move I see available for now.
AUDUSD - BULLISH - TP. 0.718 #Forex #FxProNow AUDUSD - BULLISH - TP. 0.718 #Forex #FxProNow
We see that price has pushed to our first TP and is now retracing...
Now we are looking for our second to get hit...
Entry - I will look for a Bullish engulfing on the M30...
SL - 0.708
Price must not CLOSE
Past this Low.
TP - 0.718
(-27%) in Confluence w/ Daily Key Level
Have any questions?? Leave a comment.