OANDA:AUDUSD has being on a bearish trend for a long time and if price breaks the rejecting support zone i will look for an entry to join in the trend.
As shown in the chart, AUDUSD has rallied to the Trend Line Resistance(Blue line). This area has stopped all the bullish movements in this pair so far this year. So, traders can look for S ELL between 0.6925-0.6940 with SL above 0.6980. TPs can be set at 0.6860, 0.6825 and 0.6750 respectively.
A downward impulse will validate the set-up. Aggressive buy will invalidate the set-up
FX:AUDUSD H1 Chart, Divergence, Sell Trade setup
i short audusd because: he is under ma20 weekly on a big pweekly price as resistance overbought can some risk off can come when the stock will make a big correction so same as all time in 2 x 1lot first lot will cut at 0.7724-25 and take profit 2nd lot will add a Stop loss at +10 pips for secure 55 pips and be safe
Fundamental Australian Dollar Forecast: Neutral AUD/USD bulls had a good week last week Stronger Australian job creation and weaker US inflation took the pair up to two-month highs However, a repeat performance looks like a big ask
Hi, Watching this pair since too long, Now for me, it's a great time to short this pair, but in case if it goes above, I will enter another short from the upper blue highlighted area. Thanks
Hi everyone, A new AUDUSD short opportunity on the chart. Goodluck
My other view EUR/USD after breakout in time frame H4 Thanks
Sell below 0.7589. Stop loss at 0.7622. Take profit at 0.7514. Reason for the trading strategy (technically): We remain bearish looking to sell below 0.7589 resistance (Fibonacci retracement, horizontal overlap resistance, bearish divergence) for a push down to 0.7514 support (Fibonacci retracement, horizontal overlap support). Stochastic (34,5,3) is seeing...
Sell below 0.7700. Stop loss at 0.7790. Take profit at 0.7520. Reason for the trading strategy: We turn bearish below 0.7700 resistance (break of ascending support line, pullback resistance) for a push down to 0.7520 support (Fibonacci retracement, horizontal overlap support). RSI (34) has started to break its support and sees bearish divergence versus price...
Buy above 0.7696. Stop loss at 0.7643. Take profit at 0.7780. Reason for the trading strategy (technically): Price has bounced up really nicely above our support from yesterday. We now remain bullish above support at 0.7696 (Fibonacci retracement, horizontal pullback support, breakout level) where we expect a further push up to 0.7780 resistance (swing high...
Hello Everyone. AUDUSD is now following the pattern but as you all knows that We cant take any action until the pattern completes. So we really need to wait until it will come to the blue zone to buy thanks