Audusdsell
AUDUSDAs you see in the daily chart of AUDUSD , there was an uptrend but price has been bouncing for a long time in a symmetrical triangle pattern which can be broken out to any side.
In H1, there is more downside pressure and a bearish flag pattern has been created.
On the other hand, price is still in the symmetrical triangle and we should wait for the breakout to see what is the next move.
Currently, in the case of flag’s downside breakout, I expect a fall in price to 0.7650 which is one of the daily support levels.
AUD/USD struggling at the resistance, possibility of a dropAUD/USD has made a modest recovery after last week's drop.
However, currently, the price is struggling at the channel resistance.
Price is also below the moving average on the 4H chart which is negative
for the bulls.
So, as long as price is below the channel resistance, selling AUDUSD@0.7740- 0.7765
with SL above 0.7780 and TP at 0.7640 is a sell idea.
AUD/USD - GREAT BUY POTENTIAL (SELL COULD LEAD TO GREAT BUY)Technical Overview: - AUD/USD
Check out our previous posted analysis
POUND/DOLLAR - WHERE DO WE GO FROM HERE? (ANALYSIS UPDATE)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
AUD/USD New Short Setup To Catch 100 Pips 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 - BUYING POTENTIAL (MONEY REST ON BOTH SIDES)Technical Overview: - AUD/USD
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
💡Don't miss the great sell opportunity in AUDUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7765).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 37
Take Profits:
TP1= @ 0.7705
TP2= @ 0.7675
TP3= @ 0.7585
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
AUDUSD SELL - UpdateWe can now see a clear break out from the corrective channel on AUDUSD 4H timeframe. Here, AUDUSD can be expected to continue giving short opportunities.
I highly recommend you to review my other ideas in the links below.
Please do leave a like or comment to show support and follow for more updates.
Good luck trading.
AUD/USD New Short Setup Available To Catch This 100 PipsThis 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