Aususd
AUDUSD - Strong reaction off 70The earlier model discussed in my previous model has yet to be eliminated , but what's actually printing out on the chart at present begs discussion and is discussed in this video.
The model discussed in the video implies 70 will not be broken and the bearish cycle is complete.
The move off the 70 level maybe a Leading Diagonal which when complete would be a larger degree Wave 1. If that is so then the retracement will be telling as a wave 3 would be the trade ! NOFOMO
The previous model in the previous video is also yet to be eliminated and NOFOMO is necessary if that is the correct model .
Audusd at important pointThis pair has reached a support area that may determine the direction it goes in. If it breaks through the support, more downward movement might be expected. But if it bounces back we can expect a touch on the upper part of the channel. Which will be an awesome trade to take.
Go on to a lower timeframe and see what price action does
This is my personal idea and should not be taken as finacial advice
AUS/USD HEAD AND SHOULDERS WEEKLY 1500 PIP ??? AUS/USD Looking like it has nearly formed a head and shoulders for a massive 1500 pip profit any takers???
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
AUS/USD 4HR CHART SELL TRADE Hi everyone this is my trade set up for the AUS/USD for the new week ahead
AUS/USD is still in a downtrend so i am expecting a pullback to the order block zones and will be looking for a sell trade
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
AUS-USD (uptrend)Quick Trading Journal Entry:
Uptrend expected, to the upper line on the orange rectangle-condensed trading zone (resistance at the blue horizontal line, 0.76417 ).
Major resistance at red horizontal line (0.78422).
Expected peak of the uptrend, around: October 31st , with the relative strength index peaking at the 80% marker. The R.S.I also broke out of a long downtrend (green line). Breaking above 0.78422 would be unlikely , since the R.S.I at the point would be overbought, above 80%. Divergence is a possibility, with a peak around November 10th.
Trading is expected to stay within the purple parallel lines though, for both the Price chart and R.S.I Chart.
The pink circle on the relative strength index could predict an "M" bearish pattern signifying a possible immediate downtrend.
Buy setup on the AUSUSDThe AUSUSD market is showing a potential buy setup
the market was in a bearish trend
the market gave an impulsive bullish reversal that broke out of the bearish channel
as expected an impulsive move is followed by a correction
the correction retraced all the way to the 61.8% Fib retracement level and showed rejection confirmations
from this level we can look for a move to the upside
NB!!!! Always practice proper risk management. We are not the market makers we follow what the market gives us.
Beware of the upcoming news events
for any questions feels free to text me in the private chat
AUDUSD Short-term Buy and Long Term SellLong-Term Sell on retest of Level 0.72500/Trendline/Liquidity Zone
* Safest entry would be on a break and retest of previous liquidity (Marked red)
Wait for a good bearish confirmation on these points.
For additional confirmation:
- Look for strength on USD DXY
- You may check in with fibs (between 38.2%/50%) (I didn't draw them because it would be too messy)
Short-term countertrend buy possible towards level 0.72500 (Provided good bullish confirmation)
BUY FOR AUDUSDToday’s daily analysis: After it’s recent move down we are seeing this pair lose momentum at this point of interest for us as buyers. There has now formed a doji on the 1 hour indicating exhaustion and sellers taking profits. This is a 40 pip run for us this week. If you like this follow me for daily analysis.
AUSUSD 4HAustralian Dollar (AUD) / United States Dollar (USD)
4H Time Frame
As you can see AUDUSD is currently sitting on one of its past support spots this is why i have 3 arrows for possible direction because of its support in its area.
Arrow 1 - could be rejected by the current support is is on and carry on down trending towards 0.64278.
Arrow 2 - could carry on falling slightly towards its supports either at 0.71054 or at 0.70237 before bouncing back up towards its slightly higher support at 0.72659 or could even keep on rising towards a past resistance level 0.74261.
Arrow 3 - Since its already on a support it could turn bullish and rise up towards the resistance level at 0.74261 or break through that and carry on higher towards a past support level at 0.75641 .
I will be doing a update on this chart on Saturday 21st of August.
If you like my analysis & brief give it a thumbs up.
If you have any questions please feel free to leave a comment below or send me a direct message.
THIS IS NOT FINACIAL ADVICE
THE CRYPTO PLANET
AUDUSD As I said last week ....I will look for BUY up to the 0.81400 area and from there ... SELL at least 500-700 pips!
However, a close even on a day below 0.78300 will make me think of SELL right in this area !!!
THIS WEEK...AU started the descent as we anticipated last week when it hit the trend channel line! As I said at GU ... AU will make a range in this area and will seek to descend to the 0.75800 area from where it will retest the trend channel and free fall 700-1000 pips!
GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL!
we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!*
*This information is not a Financial Advice.
AUDUSD - LongDownward resistance break out with bullish engulfing.
Engulfing on support level & 55 moving average.
Enter on engulfing confirmation.
Stop loss below engulfing.
Macro support:
Weak US labor force and democratic control of government means a lot more stimulus.
This supports a weaker dollar.
Happy Trading:)
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