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Audusdsell

Top Down Analysis of AUDUSDHere is my top down analysis of AU. Date: 23-05-2023. I can see us going either direction from here we are kind of in no mans land due to price being at the current weekly low. But if we roll over and break last weeks weekly low then I could see a retracement to induce buyers then a continuation to the downside. However, it is possible that we bounce from the current level and head back up towards last weeks high. In this case I'd wait for a break of the PDL which was broken today and if we close above this area I'd look for a setup to try get long and target higher up Liquidity. Time and price will tell
by elliotthforex
AUDUSD POSSIBLE SHORT SETUPBLACKBULL:AUDUSD My Bias Is Still Bearish , 1H TF Supply Zone Has Been Tested And Got Rejected multiple Times.For Me Marked Up 3 Candles Means Much To Me,Got A Pullback In the Area Again And Got rejected Again On 15M TF! I Dont Use Indicators But If You Trade DIVERGENCES Then You Can See A Clear Divergence On RSI ON 15M TF. Selling Volume Is Getting Stronger If You Look AT The VOLUME.Multiple Rejection Candles IN The Supply Zone Again!Marobozu Candle Has Been Established Inside The Supply Zone.Fair Value Gap Has Been created.My Short Set Up Is Getting Stronger.We Can ADD Retail Concept For Finding More Confluence.Two Retail Concept On Play And Working Great.Price Got Rejected On The Support Area.As Support Acts AS Resistance When Broken.I Am Not Really Good With Chart Patterns But Probably Head & Shoulder pattern Has Been Created Aswell.We Now Have Three Retail Confluence playing In Our Favor.15M TF Market Stracture Has been Broken ,Now I Am gonna LOOk For My ENtry. Entry - 0.66609 SL- 0.66764 TP- 0.66292
Short
by GunGravE_T
AUDUSD Possible sell zone!Currency Pair : AUDUSD Possible direction : Bearish Multiple-timeframe Analysis : Daily : Price has broken out of 2 daily candles high and grabbed liquidity Monthly: There is strong rejection from 2 monthly resistance level. Weekly: Price has formed strong weekly doji and price may test the half wick and possible drop. 4H: In this timeframe price grabbed liquidity 2 times from important level of resistance and price may continue to drop to the support level to the direction of the trend. Possible trade recommendation : Bearish as per chart sketch Press like button if you enjoy.
Short
by ForexWizard01
20 Reasons for Buy AUDUSD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: Multi-year bearish trend in effect. 2:📆Monthly: Market made an insider high and low, but was rejected from the monthly order block. 3:📅Weekly: Market structure is bearish, but it filled out the last swing 50% area and respected a strong reversal upside signal with a double bottom formation. 4:🕛Daily: Daily structure is bullish and the market completed its inducement, indicating an overall bullish trend. Market may go above 0.7100 levels after a long consolidation. 😇7 Dimension analysis 🟢 Analysis time frame: H4 5: 1 Price Structure: Sideways 6: 2 Pattern Candle Chart: Double Top 7: 3 Volume: High volume during this period suggests buyers are active somewhere. 8: 4 Momentum UNCONVENTIONAL RSI: Above 60, indicating a super bullish zone. 9: 5 Volatility measure Bollinger Bands: High bullish volatility. 10: 6 Strength ADX: Bulls are in power. 11: 7 Sentiment ROC: AUD is the strongest this week. ✔️ Entry Time Frame: 15 Min 12: Entry TF Structure: Bullish 13: Entry Move: Impulsive 14: Support Resistance Base: Last FVG should be a support. 15: Wait for a trigger event. ☑️ Final Comments: Buy at support or breakout. 16: 💡Decision: Buy 17: 🚀Entry: 0.6725 18: ✋Stop Loss: 0.6687 19: 🎯Take Profit: 0.6900 20: 😊Risk to Reward Ratio: 1:5 🕛 Expected Duration: 3 Days
Long
by Optimum369
AUDUSD Trading Plan - 30/Apr/2023Hello Traders, Hope you all are doing good!! I expect AUDUSD to go Down after finishing the correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Short
by For3xScalper
AUDUSD: Affection!Greetings to all traders! I have some valuable trading-related information that I would like to share with you ❤️ My prediction is that the Australian Dollar will be influenced by the state of global growth and China's economy, without leaving out any crucial information. I anticipate that as China's economy reopens and experiences more robust growth, the Australian Dollar will strengthen as well. Stronger growth in China as its economy continues to fully reopen to support Aussie
Long
by Sphyn-Trader
1
AUDUSD: RBA to hold rates steady for an extended period!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ While Australia's activity data has shown a slight decline, the Reserve Bank of Australia (RBA) is still focused on tightening monetary policies due to persistent inflation patterns. Additionally, we believe that China's reopening will positively impact the Australian dollar's performance. We anticipate that the Australian economy will avoid a recession this year, and the RBA will maintain interest rates at 3.85% for an extended period. As a result, we expect the Australian dollar to outperform the US dollar in 2023 and 2024. Note: Note: Full TP, SL for winning the market and safe trading!
Long
by Sphyn-Trader
1
AUDUSD H4Hello traders, AUDUSD is setting up for a downside move, i am waiting for price to enter in a yellow box mentioned area and looking price action there for a short position opportunity but if things doesn't go that i wanted and price break the previous lower high then i will be watching the red box resistance area for a next short opportunity. This is just analysis, not a proven trading system that would work a 100% maybe 100% work in something but in trading this sounds like unusual. i wish you good luck and good trading.
Short
by TheLoserMan
AUDUSD Trading Plan - 20/Mar/2023Hello Traders, Hope you all are doing good!! I expect AUDUSD to go Down after finishing the correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Short
by For3xScalper