Yemi_F1 | AUDUSD Structure evolvedOn last Forcast we're looking forward for a short signal in an area of value, but price make some continuation of consolidation. This make the structure to evolve, same bias still in place.
I'm considering a Risk entry type within the structure in an area of value.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Audusdshort
AUDUSD Retest, Possible Bearish trend. UPDATE
You can see that the price touch the 0.70062 at 0.5 Fibonacci Retracement level in my previous publish and make a bearish trend at the 0.69265 at 0.236 Fibonacci Retracement level, expect a possible more down trend to the 0.68553 at 0 Fibonacci Retracement level.
AUDUSD - Daily Trade Idea - 10-Feb-23AUDUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
AUDUSD H1: Bearish outlook seen, further downside below 0.7000On the H1 time frame, prices are facing bearish pressure from the resistance zone at 0.7000 in line with the 50% Fibonacci retracement and 78.6% Fibonacci extension where we could see a further drop below this zone to the support zone at 0.68700. Failure to hold below the 0.7000 could see prices push higher to the next resistance zone at 0.71000. Stochastic is testing resistance at 97.25, supporting the bearish bias.
AUDUSD - Daily Trade Idea - 9-Feb-23AUDUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
AUDUSD - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on AUDUSD .
After the change of character I started to look for short positions. My point of interest for a short position is around institutional mid figure 0.70500 if price fills the imbalance and rejects from there.
Like, comment and subscribe to be in touch with my content!
AUDUSD coming down since it hit our target of 0.7126 AUDUSD hit our take profit at 0.7126 and since then it's broken below the Rising Flag.
7=21 - Mixed
RSI = 50 - Mixed
With the US Dollar showing levels of strength with the Rising Interest Rates, and the high jobs numbers added from last week. We can see the AUD come back down a bit.
Target 0.6500
AUDUSD SELL IDEA FEBRUARY 2023HEY! Traders, it's been a while Happy New Year.
So I am back, we have been on a nice uptrend from last year in AUDUSD but recently, we have seen a major CHOCH in the daily time frame and we are looking to see a major sell-off from that change in direction. So we have gone to the lower time frame to analyze which is the best OB for our trade and this year again we will be trading aggressively without waiting for lower timeframe extra confirmations.
That being said I have a great setup for AUDUSD for the long term sells.
Cheers!!
Yours Truly,
Undercover Trading
(Swing Trading SImplified)
Yemi_Fx1 | Going short on AUDUSDPrice moved out of the reversal pattern (ascending channel) impulsively. Currently I'm waiting for the complete formation of flag continuation pattern.
A risk entry type within the flag at an area of value will be suitable.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
AUDUSD - Daily Trade Idea - 7-Feb-23AUDUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
AUDUSD: TP2 SUCCESSFULLY HITThe market closed at 0.69205 on Friday following the drop that resulted from NFP, just a couple of pips before hitting my TP2 at 0.69078. I cought the trade right from its inception. TP1 was hit at 0.69979. . Then 0.69078 was finally hit as price pushed down slightly before bouncing back up.
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Price action, risk management, and patience are extremely important in this business.
AUDUSD - Daily Trade Idea - 6-Feb-23AUDUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.