Audusdsell
sell at 0.7875 and go to 0.7818 in 2 step so 57 pips1.we got near bad data all the week
2. he is much overbought
3. he just touched ma100 "monthly".
4. he need a legit correction.
5. if euity doiwn a bit it will help.
6. dollars are on support and oversold.
7.there a bearish rsi divergence in some time frame
I'm short on AUDUSD - 4h timeframeHi Traders,
This is my view on this cross for the next few days.
#AUDUSD
SELL 0.78
SL 0.79
TP 0.76
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Trading Kitchen
New Free Setup On AUD/USD To Catch More Than 300 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
AUD/USD Multi-Timeframe analysisHi Traders
AUD/USD Multi-Timeframe analysis
H1 CHART
A very low probability, entry signal to go LONG was given at 0.77726 after the market completed a bear trap reversal pattern. Only the downward break of 0.77215 would cancel the bullish scenario.
Support & Resistances
0.77578 0.77737
0.77234 0.77868
0.77058 0.78044
H4 CHART
A low probability, entry signal to go LONG was given at 0.77726 after the market found support at 0.77215 . Only the downward break of 0.77215 would cancel the bullish scenario.
Support & Resistances
0.77552 0.77708
0.77119 0.78044
0.75630 0.78522
DAILY CHART
The market is approaching the resistance at 0.78193 . We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance is the 0.79418 level.
Support & Resistances
0.77879 0.78193
0.76654 0.79418
0.75630 0.80442
WEEKLY CHART
Waiting for a retracement lower towards the 0.74128 support level, in order to reinstate LONG positions. Next important support is the 0.69903 level.
Support & Resistances
0.74128 0.78193
0.69903 0.80846
0.55060 0.87733
AudUsd-150 pips potential drop. In yesterday's comment, I said that I expect 0.78 zone to hold strong as resistance and so far I'm right.
In the past 24h AudUsd spiked twice to 0.7770 and it looks like it formed a small H&S on h1 time frame.
I expect Aussie to drop to at least 0.76 in the coming trading sessions and confirmation for this comes once the price closes under 0.7725
AudUsd- I expect 0.78 to holdAudUsd has started the year with a correction mood and the pair dropped from 0.78 zone to 0.76 zone support.
A recovery followed and Aussie made a new attempt to conquer this resistance.
Yesterday we have a bearish engulfing from this zone which could mean that the pair is ready to roll down.
Targets for sellers are 0.7650 and 0.7600 and a daily close above resistance would put a pause in this correction scenario
AUDUSD, 4hr tf, Elliott wave sell and buy planHello my friends,
I am sharing my trading plan for AUDUSD.
As you can see, i used elliott wave theory to forecast AUDUSD movement.
In my opinion, price completed wave-iii. We could see price retrace towads 0.7670-0.7690 area.
I sold AUDUSD at 0.7735 aiming to capitalize wave-iv movement.
My take profit is around 0.7690 which is 2.25R setup.
After price complete with wave-iv, we could then expect buy opportunity with take profit target at 0.7800 resistance.
If price manage to retrace towards 50% fibonacci level, it will be a good opportunity to buy with stop loss using wave-i top.
My plan for buy is to buy AUDUSD around 0.7670
Stop loss 0.7645
Take profit 0.7800 (5.2R)
For both trades, i only use 1-2% risk.
Good luck