Get started

Audusdforecast

AUDUSD - Potential to give 500+ pipsAUDUSD is creating the last wave to confirm the downtrend. When the 3 hrs candle closes below 0.66605 there is a potential for the market to reach 0.60800 with the stop loss just above the recent swing high. This gives a risk reward ratio of 3.98 and is one of the finest pattern as per text book example. Any suggestions are welcome! DISCLAIMER There is a very high degree of risk involved in trading. Past results are not indicative of future returns. I have no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. The use of the observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any ideas mentioned herein.
Short
by prasadd018
20 REASON FOR SHORT AUDUSD 🤑TOP DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: bear trend extremely Monthly: the overall trend is Bear, but the current candle in retracement and retrace till filling our all FVG almost filled all gap areas, so in a broader view, we can say retracement is our weekly: trend in Bear, but the current move is the retracement 1 Structure analysis time frame: the daily trend is to fill bullish; it is a counter-trend for monthly and weekly retracement almost done 2 target time frame: Daily 3 Current Move: move is an impulse with a change in guard situation excepted reversal 4 Entry Time Frame: h4 4.1 Entry TF Structure: higher low is formatted with a small distance that also signs a reversal 4.2 entry move: impulse 5 Support resistance base: previous h44 order block 6 FIB: trigger even at daily D1 7-candle Pattern: Downside momentum 8 Chart Pattern: double top 9 Volume: High volume on 1st top low at 2nd sign of reversal 10 Momentum UNCONVENTIONAL Rsi: RSI IS in bullish zome YET 11 Volatility measure Bollinger bands: M pattern is a formatted reversal 12 strength ADX: ADX is bullish, YET 13 Sentiment ROC: USD IS STRONGER than AUD according to the current market 14 final comment: We need An additional confirmation until the price Not comes down to 0.6718 Level, so we place an Alert for now. After the Alert, We can decide on our Next Move. But OUR ARE WE ARE SEEKING SHORT ENTRY ONLY UNTIL PRICE BREAKS HIGH According to H4 TF 15 : decision: Natural till confirmation 16 Entry: 17 Stop losel: 18 Take profit: 19 Risk to reward Ratio: Excepted Duration :
Long
by Optimum369
1
AUDUSD Forecast: Swing Trade IdeaHey trader, As you can see the price is currently bearish running below the double tops L1, 50, and bearish crossed short-term MAs. It is expected to drop the patterns L2 & L3 together for the 200 MA (visible in my MT5 chart). But this bias will be fully confirmed once the price has bearishly closed and retested below the 1st 4H Key Lvl and 50 MA. If the price instead decides to dramatically bullish break and retest the 3rd Monthly Key Lvl and 21 MA, the signal will be rejected. With that in mind, take the trade at your own risk, because this is not financial advice. I'm just sharing my point of view, which you also can do the same in the comments section below. That's it for today. I hope you found value in this article. If you want to see more trade ideas and mindset tips, browse the articles listed below and hit the follow button to be notified whenever a new post has been published. -Sphatrades.
Short
by Doji-2k1
AUDUSD | New perspectiveBuoyed by a weak US dollar, the Australian Dollar keeps rallying to close the week on a bullish tone. Going into the new, all eyes shall be on the RBA meeting minutes, Unemployment Rate, and Employment change to decipher if a breakout of the 0.67000 level will happen or not. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
2
AUDUSD First Target Hit +500 Pips...Update on the BUY position on this pair on Friday we hit the first easy target for the position which was the previous weekly swing low in the current downtrend. You can read the related post to find out the reasons for this entry as it's went exactly as expected reacting well @ the weekly DEMAND/BUY level at 0.62 which is were we entered with 500 pips profit banked the position is closed Final target looks to be the weekly SUPPLY/SELL area aroun 0.68 we could well get a quick rally up here early this week and then a SELL off you should be looking for selling opportunities as price approaches 0.68 above would be a bad idea to buy into this area. If looking to buy would wait for a pullback to 0.65 and under :) You can learn alot my reading through my related posts you will learn how to find huge opportunites that produce trades that bank hundreds of pips at a time.
Long
by TheFxAce
1