AUDUSD Next Move Depends on Local - Major SupportsAll major points are plotted on the chart...
I have set Buy Stop at 0.68400 with a target at 0.68650
Please do your own research before entering into the Forex market...
Thanks for your support...
Audusdshort
AUDUSD Analysis
Hey yall Hey
I am super brand new to posting ideas so lets get into it!
AUD USD is the pair that we are looking at. The trading week is over.
I use the 50 and 200 EMA to determine the trend momentum.
As of today the momentum is
Monthly - BEARISH
Weekly - BEARISH
Daily - BEARISH
4h - BEARISH
There is a dragonfly doji closing out the trading week 2/17/23.
..... I definitely had an ADHD moment (undiagnosed) I was going to say that if price closes past the high of the previous candle 0.68850in the 4h there will be bullish moment.
2/21/2023
Update: I missed the bullish movement But I did catch the bearish move right after.
The larger trade was manually closed because I got a little nervous. So I hoped out and took my profit. Then I re-entered the market with a .02 lot size so that I could take partials. Im watching this trade to close. Ill move my stop loss before I go to sleep tonight. Drop some feedback in the comments. Keep it cute cause I'm sensitive about my shit!! lol
📌 Potential SELL setup for: AUD/USD👩🏽💻Technical: On the daily chart, the price broke the trendline, but the price is having difficulty breaking lower because of the strong support at 0.6860. Yet, the moving averages are still trending south, suggesting a continued bearish bias for AUDUSD. On the 4-hour chart , we can see that the price tried to break out of the support at 0.6860, but the selling pressure was not as strong enough.
🎯 For an ideal entry: If the support level is broken, we can expect a continuation of the downward trend after a push > exhaustion cycle completion. ONLY ENTER IF IT BREAKS OTHERWISE NO ENTRY.
AUDUSD H1 ZONE MARKINGWe have Audusd H1 Analysis for Zone Marking It will help you two find better trade
Demand zone1@ 0.68702 to 0.68610
Demand zone2 0.68209 to 0.68108
supply zone1@ 0.69218 to 0.69393
supply zone2@ 0.69955 to 0.69821
audusd going short possible sell set up for audusd , dxy just broke out of the bearish orderblock level , bias will switch to bullish , looking for short set up on audusd , waiting for price to break the previous bullish orderblock on audusd before executing the trade set up . will be placing a sell stops order and target will be the next low . stop loss will be placed on the wig of the break out candlestick pattern
AUDUSD H1: Bearish outlook seen, further downside below 0.6920On the H1 time frame, prices are facing bearish pressure from the resistance zone at 0.6920, in line with the 61.8% Fibonacci retracement. A pullback to this zone presents an opportunity to play the drop to the support zone at 0.6820, in line with the graphical low and 50% Fibonacci extension. Stochastic is approaching resistance as well where we could see a further downside below this level.
AUDUSD SellIf DXY fall, then AUDUSD pair will rise. If it happened, then wait for the rejection from the supply zone then sell it.
AUDUSD GOING DOWN LONG TERM!!!HELLO TRADERS
It seems like on a weekly timeframe this pair reached a resistance or supply zone(LOWER HIGH) and to back this up with top down analysis on a daily timeframe, the market formed a head and shoulders chart pattern which is a reversal chart pattern.
Moving on to the 4 Hour timeframe the market broke the neckline, probably confirming the new direction of the market.
Before any sell orders the market has to go through a correction phase to release buyers that are still in the market.
On the 1 Hour timeframe, traders should be vigilant for reversal candlestick pattern, chart pattern or Fibonacci retracement for entries......
N.B THIS ANALYSIS CAN ALSO BE USED ON CORRELATING PAIRS:
EURUSD
GBPUSD
NZDUSD
USDCHF
USDJPY
NEW IDEA FOR AUDUSDaudusd possibly can go down from here wait for confirmation or its maybe a fake breakout
AUDUSD ShortConfluences
1. Overall trend - downtrend
2. Price break and retest of clean key level
3. 4H trend
4. Lower timeframe rejection
AUDUSD ShortWe see potential 60PP bearish signal on AUDUSD H4 chart, 0.7000 was strong level and now it is new resistance for this currency pair...
AUDUSD is possibly go down 🔻FX:AUDUSD AUDUSD is possible to go down . You can trade on lower time frame. And red line is your TP.
AUDUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
AUDUSDWe will see dollar bullishness for while.
The reasons for dollar bullishness.
1.NFP 517k way higher than expected
2.CPI 6.4 better than expected
3.Unemployment rate is way better than expected
AUDUSD SELLGood Morning guys we are looking to Sell AUDUSD based on my analysis you also using pure price action you would know what price is telling us on AU, we broke trend and we are currently retesting the major sell zone. Save this Analysis and make sure you guys take good advantage of this trade thanks. Drop a Comment on what you think about AU.
AUDUSD - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on AUDUSD .
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. I look price to make a retracement to fill the imbalance and then to reject from bearish order block to open a short position.
‼️Attention!!! Due to the fact that we have news on USD & AUD tomorrow, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
AUDUSD Bearish Signal 2Hr TFAUDUSD is in a downtrend after the bearish impulsive phase that broke the bearish flag. The price is presently at a major support level, i expect a break of this level, retest before I will possibly short it.
How ever, there is only one thing that could invalidate this trade, if the price reverses back from this support as marked with the red arrow , this would invalidate this trade setup.
What's your opinion on this trade? kindly like and comment below
AudUsd- Drop to 0.67 could be nextAfter the second top at 0.7150 at the beginning of the month, AudUsd dropped hard area and reached 0.6850 in just 3 days.
A recovery followed, but we can see that this rise lacks impulse, is corrective in nature, and is, in fact, a flag pattern.
Rallies above 0.7 are also clearly sold so, I expect a new leg down from AudUsd.
The target for this drop is the 0.67 zone and this bearish scenario is negated by clear buying power above 0.7
AUDUSD Next Move Depends on PURPLE RectangleAUDUSD Major points are mentioned on the chart...
These points are calculated on the previous chart history and the indication shown by the technical indicator so please do your own research before taking any step for Buy or Sell trade...
Have patience and wait for proper confirmation on chart of AUDUSD...
Thanks for your support as always...
AUDUSD H4: Bearish outlook seen, further downside below 0.7020On the H4 time frame, prices are approaching the resistance zone at 0.7020, in line with the 61.8% Fibonacci retracement and 100% Fibonacci extension. A pullback to this zone presents an opportunity to play the drop to the support zone at 0.6880, in line with the graphical low and 50% Fibonacci retracement. Prices are holding below the Ichimoku cloud, and stochastic is approaching resistance at 95.24, supporting the bearish bias.
