Looking for a continuation back into the area of 1.75000 support once again! Price made a nice move all the way down from 1.8 and now we have seen a retracement so looking for a nice short trade off this right shoulder to continue the downward momentum longer term!
Hello everyone Hope everyone is good having a good week in the markets... here's an idea on the AUD /USD * follow your entry rules on entries * significant moves with the bulls change the plan. lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow...
This one is pretty simple, IF we can violate the minor level of structure (looking left) then we should be able to see a nice bullish continuation trade up into our next level of previous structure highs.
Major Trend still down, and we have seen participation at 50% retracement of the recent down-move. Price has been trading in range since the 50% was traded. Weakness in Yen yesterday has given this setup a nice boost. We are short below 74.20 Stop Loss @ 74.50 Take profit @ 72.30
Break out of Two weeks old range, Retest of the 133.000 Level, Confirmation of support and continuation of uptrend. morning star formation.