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Forex-aud

AUD strengthing against the USDWith news of USD being at a 2 week low earlier today, this would lead to AUD strengthening against the dollar, We see a structure of higher highs ans higher lows, with each higher high acting as support for the new higher low, following this behavior we now are hopefully seeing that happen again and therefore a continuation in upward trend, 8 EMA coming close to 14 EMA but signs are there for a bounce off and a strong upward move beginning, 6.4:1 risk/reward ratio :)
Long
by Drw1994
7
AUDNZD: Lower Buy opportunity within a long term Rectangle.AUDNZD has been trading on a long term 1M Rectangle (RSI = 52.038, STOCH = 48.673, CCI = 42.575, Highs/Lows = 0.0000) within 1.02350 - 1.13350 since March 2016. I recently broke the 1W MA200 (yellow dotted line) in a candle sequence that appears to be replicating the March 2017 pattern. This sequence (2017) followed with a strong rejection (on the second 1W candle after the break) towards the 1M Support and then bounced back up to towards the 1M Resistance. What leads us to believe that the same price action will be repeated, is that the patterns before that 1W MA200 break, are identical: First a Channel Down leading to the 1M Support, followed by a minor rebound to the 1W MA50 for rejection, new Channel Down and again a rebound towards the MA200. Therefore the probabilities for replicating this are high and thus we will wait for the pull back (within 1.0500 - 1.0400) to buy towards a 1.11723 - 1.12929 Target Zone. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Long
by InvestingScope
AUDSGD 21/09/2019Hello Traders! We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot. If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH? So SM must BUY LOWER and SELL HIGHER :) We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM. Here u will find a thought process to identify these spots on chart, where SM stuck with their orders. We want to play with SM so, we looking for entries (depending of direction) on HEC in 3 spots: - top of WICK - top/bottom of BODY candle - 50% of BODY candle CHARTS AGENDA: SM - SMART MONEY PA - PRICE ACTION HEC - HIGH ENERGETIC CANDLE (LAST OPPOSITE CANDLE BEFORE MOVE) <- SM MUST SELL TO BUY AND BUY TO SELL :) BITCOIN SIGN - MONEY POCKET (SL, BUY STOPS, SELL STOPS) - EQH - EQUAL HIGHS / EQL - EQUAL LOWS BLACK ARROWS ARE ABOVE AND BELOW THESE MONEY SPOTS POINTING FUTURE TARGETS BLUE LINES - ENTRIES WITH SMART MONEY MITIGATION MOVE - SNIPER ENTRY FOR US BLACK LINES FOOT PRINTS - SPOTS ON CHART WHERE SMART MONEY SHOULD COME BACK TO GET OUT OF THEIR POSITIONS IN DRAWDOWN (SM MUST SELL TO BUY AND BUY TO SELL) - POTENCIAL SNIPER ENTRIES BLACK BOX - GAP's (IPA - INSUFFICIENT PRICE ACTION) - SPOTS ON CHART WHERE PRICE MOVED TOO FAST, AND LEFT SOME "WHOLES" IN PRICE ACTION WHERE ALGORITHMS WHAT TO COME BACK AND FILL IT BY "HEALTHY" PA. Hopefully u will get some value from this markups;) GOD BLESS U ALL!
by Snipers-Academy
AUDNZD The Third MoveHELLO TRADERS, It is likely that we have completed the regular flat correction there in the middle and now we are headed up to complete the bigger 1-2-3 move. Look out for a rejection at the trend line above because once it reaches there it can fall back down and start making a more complex correction, which means that the the impulse to break the 1.1474 zone has still not started and we are still in a more prolonged correction! We will have to re-evaluate price action as the price moves along. Stay tuned! Check out some of my other ideas posted under 'related ideas' down below. Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis! THANK YOU & GOOD LUCK!!
Long
by UnknownUnicorn852976