Audusdsetup
AUDUSD LONGOANDA:AUDUSD
AUDUSD on an uptrend with HHs and LLs on the 1H. Price broke resistance and made a pullback testing what is now support. Price retraced at 38.2% fib level. A consolidation occurred creating a descending triangle with LH's and a strong support level with long wicks indication a strong rejection of buyers, should price close higher than the last lower high of the descending triangle it will break structure and a buy setup will be confirmed and take profit 1 would be at 0.72119, and take profit 2 will be at 0.72571 should price continue to break the resistance level of take profit 1.
AUD/USD Made Inverted Head And Shoulders , But Still Not Ready ?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
AUDUSD - SELLS GOT TRIGGEREDIt didn't take long for price to reach the 0.71400 level and I had a sell limit right there.
Normally, I would have waited for price to react to the level, but I don't think there's a lot of potential or neither strength for an ongoing upside here, so here we go!
Now we are off to a 1:2 Risk:Reward in AUDUSD.
I'll be taking profits at the most recent low.
Good Luck!
Gaspar_Trader
AUDUSD - Bearish outlook for the weekHi Everyone, I believe AUDUSD won't be able to break above 0.7100 again and will continue to fall throughout the week.
Keep an eye on this idea as I'll keep updating here the key levels to look price action at, just so you make a better decision to enter sells!
I will not be selling at the beginning of Market Open and so shouldn't you! Wait until you see some clear indications that the market will continue to go down.
Good luck.
Gaspar_Trader
AUD/USD Full Analysis , 2 New Long Setups After Confirmation !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
AUDUSD - Bearish outlook - SELL OPPORTUNITYAUDUSD has reached a key level, where bears could find as an opportunity to enter SELLS.
I'm looking at price action around 0.71350 - 0.71400 area. Please don't rush to sell! Make sure you see confirmation around this level and then you can confidently start opening your short positions!
The pair also looks overbought from RSI perspective!
I think it has got potential to go down towards 0.68000 area, which would bring a nice profit.
STOP LOSS should be placed above 0.72100. A daily close above this area would negate the bearish scenario.
Let me know your thoughts.
Thanks,
Gaspar_Trader
AUDUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Trading Idea Regarding AUDUSDThis currency pair is going bearish for the upcoming week
1-Completed M shape Chart Pattern on weekly time Frame
2- About to break out Parallel Channel / Created and fallowing key levels which are based on M shape Chart Pattern we can see on weekly time frame as shown in figure below
AudUsd- Genuine break of support?The long-term trend for AudUsd is clearly short with the pair dropping for almost a year now.
After reaching 0.7 important figure, AudUsd has started to correct higher and had a local top at 0.73 resistance.
The rise from the bottom is corrective in nature and is drowing a flag on our daily chart, on Friday we have a break under this flag's trend line resistance and also under horizontal support at around 0.72.
This seems to be a genuine break and I expect continuation.
The first target for bears can be 0.7
Trading Idea Regarding AUDUSDAccording to my analysis this currency pair is adopting bullish behavior for the upcoming week
1-Break The Downtrend line and fallowing the key levels while holding uptrend line
2-Moving in Parallel Channel Chart Pattern
3-Breakout 38.2 Fibo level retest it and now it is heading for the supply area indicating its further move towards bottom of the channel and uptrend line before bullish move