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Trend-analysis

AUDUSD trend formed, support brokeWith the recent news of: increase of building permits (USD) and also employment change in AUD which is below forecasted value along with the fact that AUD has been slowly decreasing in value for some time being less economically stable than the USD. I’ve opened a position once the pair broke the support and as such it has kept a declining trend. I haven’t implemented a take profit yet I’m just waiting for the pull back to mark another resistance level. One to watch over the next day or so. Thanks.
by solkiplingfx
EURAUD: Swing Trade Setup Whats up traders? We are looking at this new Swing Trading Idea on the EURAUD pair. Price has been in a nice bullish uptrend since days. After three levels of rise and a peak high forming, we are looking for short orders in the market. Divergence is also in place for this trade. As this one is a Swing trade, our stop loss is a little bit wider. In this case more then -50 Pips. Although the stop loss is wider, the risk reward on this trade is more than 1:10 if our take profit hits. Thats more than great! Wishing everyone success and a profitabel trading day!
Short
by darian_fx
3
MY BITCOIN BUY IS IN PROFIT! I hope you followed my signalCONGRATS if you bought BTC at my entry point! If you didn't, well there will always be more opportunities, and I'll alert you to them in advance. When I posted this idea, I was hoping for a nice clean breakout. But of course what actually took place was a rather hesitant, uncertain breakout. I actually decided to buy BTCUSD in between the blue line and the pink line, as the initial breakout felt strong enough to be worth getting into a little bit early. Within 24 hours, the breakout was reversing way below the blue line and I sold out quickly. But I was ready for a second attempt, again in between the blue and pink lines. I'm now well into profit, but the slow, hesitant nature of this breakout worries me. I will not allow it too much room to breathe and will exit if the price falls much below 5900 again. As I said in my original post, the broadening triangle pattern is not a particularly reliable breakout pattern. Horizontal lines are usually more reliable than sloping ones, and triangles that widen instead of shrinking are generally less reliable too. These are some of the reasons why I'm keeping my stop-loss level nice and tight.
COINBASE:BTCUSDLong
by GlenGoodman
1