Hello 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.
Hello All, I have identified a small short trade on the AUD/USD pair. Entry is a break of the ORANGE LINE with RED ARROW above it. Target is marked by ORANGE LINE and BLUE PRICE TAG. Updates to come. Safe trading. :)
We are looking to add to the Long we are still holding since Tuesday 19/01/2021 Ideally we get a better pullback to enter lower than current price Risk Reward still looks good. Our first take profit at 0.7920 but we like it even higher and will extend target depending on PA.
Short setup - As planned - Sell Stop Setup: - Entry: 0.70074 - Stop: 0.70210 - TP1: 0.69603 - TP2: 0.68829 - TP1 Reward: 3.47 - TP2 Reward: 9.15
sell at AUDUSD - MPL and confluence with harmonic Bearish Crab pattern
Looking for some resistance at channel top and 200 period MA. Will be watching RSI for clues.