USDAUD trade ideas
AUDUSD Daily Squeeze – Breakout LoadingAUDUSD is pressing against descending trendline resistance, forming a bullish continuation wedge just above the 0.6420–0.6450 support zone (50% Fib level). Price has been consolidating tightly, suggesting a potential breakout setup is developing.
Key Levels:
Resistance: 0.6500 – 0.6547 (wedge top and 61.8% Fib)
Support: 0.6420 (local structure), 0.6300 (deeper demand zone)
Bullish Target: 0.6718 → 0.6900 → 0.6950
Invalidation: Daily close below 0.6410
Scenarios:
🔹 Bullish Breakout
Clean break above wedge resistance
Momentum push toward 0.6700–0.6900 zone
Confirmation = daily close above 0.6547 (Fib confluence)
🔹 Fakeout + Pullback
Temporary rejection leads to retest of 0.6420–0.6400
Holds support = high-probability long setup for second wave up
Outlook:
Bias: Bullish
AUDUSD is building bullish pressure after defending key support. Wedge structure favors breakout continuation, especially if global risk sentiment remains firm and USD softens.
AUD-USD Free Signal For Monday! Sell!
Hello,Traders!
AUD-USD keep growing in
An uptrend an we are bullish
Biased mid-term, however
The pair is locally overbought
So after the pair enters the
Resistance area around 0.6510
On Monday we will be able
To go short on the pair
With the Take Profit of 0.6480
And the Stop Loss of 0.6516
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUD/USD Price Action Analysis – Range Trading Opportunity📉 AUD/USD Price Action Analysis – Range Trading Opportunity 🔁
⚙️ Market Structure Overview:
The AUD/USD pair is currently exhibiting a well-defined range-bound market structure between the Support Zone (0.63800 – 0.64000) and the Resistance Zone (0.65200 – 0.65400).
🟩 Support Zone
📍 Identified by multiple price rejections and bullish reversals (marked with ⬆️ arrows).
💡 This area represents strong buying interest, making it a potential long-entry zone on bullish confirmation.
🟥 Resistance Zone
📍 Marked by two sharp rejections (⬇️ arrows) and upper wicks.
💡 This zone has served as a supply area, where sellers overpower buyers, signaling potential short opportunities.
🔄 Current Scenario:
Price is approaching the support zone again after rejecting the resistance area. Based on historical behavior:
📉 Short-term Bearish Momentum is in play until support is tested.
📈 Potential Bullish Reversal is likely if support holds — aligning with previous bounce behavior.
🔮 Trade Ideas:
📈 Bullish Setup:
📍Entry: Near support zone (~0.63850)
🎯Target: Resistance zone (~0.65250)
🛑Stop-loss: Below support (~0.63650)
📉 Bearish Setup (Breakdown Scenario):
📍Entry: On confirmed break below support (~0.63800)
🎯Target: Lower structure zones (TBD based on breakout leg)
🛑Stop-loss: Above broken support
📅 Key Risk Events:
🔔 Multiple high-impact USD and AUD economic events approaching.
🧭 Traders should monitor fundamentals closely for increased volatility and breakout potential.
🧠 Summary:
📌 The AUD/USD pair is currently respecting a range-bound structure.
🧱 Buying from support and selling from resistance remains the most probable high-probability strategy.
📊 Range trading suits this setup until a confirmed breakout or breakdown occurs.
🔔 Like & Follow for more clean, structured trade setups and zone-based price action ideas!
Looking forward to entry confirmation on this setup 📉 AUD/USD Short Setup in Focus
Currently watching AUD/USD as price approaches a key resistance zone. Momentum looks stretched, and I’m looking for confirmation to enter a short position. Waiting for a clear signal before jumping in — patience is part of the plan. 👀✍️ #AUDUSD #ForexSetup #ShortTrade #PriceAction
Bearish drop off pullback resistance?GBP/USD has rejected off the pivot and could drop to the 1st support, which aligns with the 127.2% Fibonacci extension.
Pivot: 0.6446
1st Support: 0.6358
1st Resistance: 0.6538
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
🇦🇺 AUDUSD 4H Technical & Fundamental Analysis🇦🇺 AUDUSD 4H Technical & Fundamental Analysis
The Australian dollar continues to show strength, On the 4H chart, AUDUSD has confirmed a bullish market structure. We observed a breakout above the previous major resistance at 0.63500, which now serves as a key support level.
After this breakout, a Change of Character (CHOCH) was confirmed, followed by multiple retests of the 0.63500 level and a clean rally toward the minor resistance at 0.65200.
We’re currently monitoring for accumulation and a possible liquidity sweep below the minor key zone. This is a typical setup for institutions to trigger stop losses before the next move higher.
📊 Trade Setup
📍 Area of Interest (AOI): 0.65290
🛡 Stop-Loss (Risk Perspective): 0.64770 (just below liquidity zone)
🎯 Target Profit (Structure-Based): 0.66900 (next minor resistance zone)
Meanwhile, Australia’s resilience, rising commodity prices, and a hawkish central bank continue to support the AUD’s bullish outlook.
Fundamental Outlook:
Labor Market Strength
Australia’s employment data remains solid, with consistent job gains and low unemployment, reinforcing confidence in the country’s economic stability.
RBA Hawkish Tone
The Reserve Bank of Australia has maintained a firm stance on inflation, leaving the door open for possible rate hikes. This hawkish outlook adds upward pressure on AUD.
Commodity Price Recovery
As a key exporter, Australia benefits from rising prices in gold, iron ore, and copper—particularly driven by China’s demand recovery.
Weakening USD
The U.S. dollar is under pressure due to dovish Fed expectations, fiscal uncertainty, and a rise in speculative short positions, boosting AUD/USD.
(Source: Bloomberg, Reuters)
📌 Disclaimer:
This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.
What Is Naked Forex Trading, and How Do Traders Use It?What Is Naked Forex Trading, and How Do Traders Use It?
Traders rely on various tools and techniques to trade the forex market. Naked forex trading is one of the oldest and most popular trading approaches among currency traders. This article delves into the details of naked trading, providing insights into its implementation and distinguishing features that set it apart from other analysis techniques.
Understanding Naked Forex Trading
Naked trading is a trading style that involves analysing markets using a clean price chart, meaning one without technical indicators. Traders who use this method make decisions based on real-time price movements and their trading instincts.
Naked trading has its roots in the early days of trading, long before the advent of sophisticated technical analysis tools and indicators. Early traders relied solely on price action and market behaviour to make trading decisions. By stripping away the complexity of modern trading tools, naked trading aims to return to the fundamental principles of trading, emphasising the importance of understanding market psychology and price dynamics.
Core Principles of Naked Forex Trading
Naked forex trading is based on the following principles:
- Price action analysis is the foundation of naked trading, focusing on the examination of asset price movements without the help of technical indicators. Traders rely on bar, line, or Japanese candlestick charts to identify patterns, trends, and key support and resistance levels. By concentrating on real-time price movements, traders aim to make their trading decisions based on how prices behave at specific levels.
- Naked trading emphasises simplicity and clarity as it removes the clutter of numerous trading tools. This approach helps traders maintain a clear view of the market, making it potentially easier to identify trading opportunities. The simplification also reduces cognitive load, enabling traders to focus on the most critical market movements.
- Trader instinct, often referred to as "gut feeling" or "trader's intuition," plays a significant role in naked trading. This instinct is honed over time through experience and the extensive observation of price movements and market behaviour.
Key Techniques and Tools
Mastering price action analysis is crucial in naked trading. These are the four key tools for those who use naked trading.
Candlestick Patterns
Candlestick patterns play a crucial role in naked trading strategy by providing visual representations of price movements over a specified period. Traders look for different price formations to analyse potential market reversals, continuations, or indecisions. Common candlestick patterns include doji, engulfing patterns, hammer, shooting star, and spinning top. Each offers insights into market sentiment and potential future price movements.
Chart Patterns
Chart patterns on price charts indicate potential trend reversals or continuations. Traders using naked trading techniques rely on chart patterns like flags, rounding top/bottom, diamonds, and rectangles to identify key levels where the price is likely to react. These patterns help traders anticipate market movements and plan entry and exit points accordingly.
Support and Resistance Levels
Support and resistance levels are fundamental concepts in naked trading, representing levels the price struggled to break above (resistance) or hold above (support). Traders identify these levels on price charts to anticipate potential price reversals or breakouts. Support and resistance levels are crucial for setting profit targets, placing stop-loss orders, and managing risk.
Trendlines and Channels
Trendlines and channels are used by naked traders to visualise the direction and strength of a trend. Trendlines connect successive higher lows (uptrend) or lower highs (downtrend) on a price chart, helping traders identify trend reversals or confirm trend continuations. Channels are formed by drawing parallel lines to connect highs and lows, creating a channel in which the price typically moves.
Advantages of Naked Forex Trading
Naked trading has many advantages; therefore, it’s still used by traders around the globe. Here are the key benefits of naked forex trading:
- Enhanced Focus and Simplicity: This approach removes market clutter as it offers enhanced focus by eliminating complex technical indicators. Without the distraction of multiple indicators that provide lagging signals, traders may respond more effectively to changes in price movements.
- Improved Market Understanding: By relying on naked trading tools, traders may better understand market behaviour and psychology. Observing price action directly on charts potentially enhances traders' ability to interpret market sentiment, identify key support and resistance levels, and anticipate potential trend reversals or continuations. This hands-on approach fosters a deeper understanding of the nuances of the market and improves trading skills over time.
- Flexibility and Adaptability: Traders are not constrained by specific indicator signals or rigid trading rules. Instead, they can adjust their approach based on real-time price action and evolving market dynamics. This flexibility allows them to take advantage of emerging opportunities and adapt their strategies to potentially mitigate risks.
Challenges and Limitations
Although naked trading can be effective, it has limitations that a trader considers before relying on this approach.
- Learning Curve: As naked forex trading relies heavily on interpreting price action without the assistance of technical indicators, traders may need to dedicate considerable time and effort to mastering candlestick patterns, chart analysis, and understanding market psychology. Developing the skill to interpret price movements accurately demands persistence and consistent practice.
- Emotional Discipline: A notable challenge of naked trading is the absence of clear buy or sell signals provided by indicators, which can lead to heightened emotional responses to market fluctuations. Traders must maintain discipline by adhering to their trading plans, implementing risk management strategies, and avoiding impulsive decisions.
- Market Noise: Navigating market noise is another hurdle in naked trading. Market noise refers to random price fluctuations that obscure meaningful price patterns. Traders need the patience and experience to distinguish between significant price movements and temporary fluctuations.
Practical Application of Naked Forex Trading
Setting up a trading plan is essential for implementing naked forex trading. Traders might use the following rules:
- Define Your Trading Goals: Determine your financial objectives, risk tolerance, and period of trading.
- Select Currency Pairs: Choose currency pairs that align with your trading strategy and offer sufficient liquidity.
- Identify Key Trading Times: Determine optimal times to trade based on market volatility and your availability.
- Establish Entry and Exit Rules: Define criteria for entering trades based on price action signals, such as candlestick patterns or support/resistance levels. Similarly, rules for exiting trades should be established to potentially lock in returns or cut losses.
- Risk Management: Implement risk management strategies, including setting stop-loss orders and calculating position sizes based on your risk tolerance and account size.
- Review and Adapt: Regularly review your plan to assess its effectiveness and make necessary adjustments based on evolving market conditions and personal trading performance.
Real-Life Examples and Case Studies
Real-life examples and case studies illustrate how naked forex trading principles are applied in practice:
Example 1: Trading Support and Resistance
A trader identifies a currency pair approaching a key support level on the daily chart. They wait for a bullish reversal candlestick pattern, such as dragonfly doji, to form near the support level. They enter a long trade with a stop-loss below the support level and a profit target at the next resistance level.
Example 2: Trend Confirmation
A trader observes a currency pair in a strong downtrend on the hourly chart. They wait for a pullback to a trendline and look for a bearish engulfing pattern to confirm the continuation of the downtrend. They enter a sell trade with a tight stop-loss above the trendline. However, it is difficult to determine the profit target as there are no swing lows nearby.
The Bottom Line
When they understand the naked trading forex strategy, traders may use it in other markets, including stocks and cryptocurrencies*. However, it's important to note that any analysis does not guarantee effective trading, and other factors should be considered alongside chart analysis. Risk management and a proper mindset are essential for long-term consistency.
FAQs
What Is Naked Trading in Forex?
Naked, or price action trading, is a forex trading approach that involves analysing the market using a clean price chart without any technical indicators. Traders relying on this method make decisions based on real-time price movements and their trading instincts rather than past performance. The strategy emphasises identifying key support and resistance levels, trend reversals, and price corrections purely through the observation of bar, line, or candlestick charts.
Can I Trade Without Chart Patterns?
Yes, trading without chart patterns may be possible using alternative methods such as indicator-based strategies, quantitative models, fundamental analysis, or sentiment analysis. These approaches allow traders to analyse the markets based on technical indicators, mathematical algorithms, economic data, or market sentiment.
What Is a Chart Pattern in a Price Action Strategy?
A chart pattern in a price action strategy refers to the specific formations and shapes created by the price movements of an asset, which traders use to analyse future market behaviour. These patterns emerge due to the collective actions of buyers and sellers and can indicate potential trend reversals or continuations. Some common chart patterns include triangles suggesting a consolidation before a breakout, Quasimodo indicating a potential trend reversal, and flags signalling the continuation of an existing trend.
What Is the 5-3-1 Trading Strategy?
The 5-3-1 trading strategy is a disciplined approach designed to help traders focus and improve their trading skills. It involves trading just five currency pairs to reduce complexity and enhance expertise in those markets. Traders then use only three specific strategies to master and consistently apply. Finally, they select one trading timeframe to maintain consistency and avoid confusion.
*Important: At FXOpen UK, Cryptocurrency trading via CFDs is only available to our Professional clients. They are not available for trading by Retail clients. To find out more information about how this may affect you, please get in touch with our team.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
AUD/USD Sentiment Sours (But There May Better Shorts)Asset managers increased their net-short exposure last week - and as these are 'real money' accounts, they are a group of traders worth listening to. But as always, timing as key, and there may be better setups for bears than AUD/USD over the near term. Today I pick out for AUD crosses to consider.
Matt Simpson, Market Analyst at City Index and Forex.com
Lingrid | AUDUSD sideways Market POTENTIAL Short EntryThe price perfectly fulfilled my previous idea . FX:AUDUSD facing resistance near the 0.6450–0.6460 area, marked by a lower high under the descending red trendline. After a breakout from the triangle pattern, price showed strength but failed to sustain above the swap zone. Now it's forming a potential lower high setup, suggesting weakening momentum. If price fails to clear resistance, it could rotate back toward 0.6412 support and below.
📉 Key Levels
Sell trigger: rejection near 0.6450
Buy zone: 0.6412
Target: 0.6368
Buy trigger: reclaim of 0.6460 with strong bullish candles
💡 Risks
A break above the descending trendline would shift structure bullish.
U.S. dollar weakness could invalidate the bearish thesis.
Data surprises may cause sharp volatility spikes.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | AUDUSD support Level Bounce TradeThe price perfectly fulfilled my previous idea . FX:AUDUSD formed a higher low above the rising trendline near 0.6418, signaling potential bullish continuation. A break above 0.6440 could confirm upward momentum, targeting the previous supply zone around 0.6482. Structure holds as long as price remains above the support level. Buyers may accumulate near the trendline to catch the next leg up.
📈 Key Levels
Buy zone: 0.6418–0.6430
Buy trigger: breakout above 0.6440
Target: 0.6482
Sell trigger: breakdown below 0.6418
💡 Risks
Rejection at descending blue trendline
Failure to sustain higher low could trap buyers
Bearish pressure increases if 0.6418 fails to hold
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUDUSD - Structure Trading Using Candlestick CluesWHAT I'M LOOKING FOR
Price action has broken out to the upside & is currently holding at a previous level of structure resistance here on the $AUDUSD.
MY PREDICTION
Based on the candlesticks that have been produced at this level I'm predicting a brief period of relief which opens up the opportunity for a bearish counter-trend structure trade. If we do reverse at this level I would predict price to retest the previous (inside) level of structure resistance that should now act as potential support
HOW TO GET INVOLVED
Price has currently put in 2 Doji candles followed by a lower low & a lower close candle. This in itself is a good (and aggressive) reason for entry. The only concern that I have (in my personal trading) is that I am unable to get a quality risk reward.
If you have any questions, comments, or just want to share your views, please do so below!
Akil
AU Bulls Make A Break For Higher Prices! Time To Long??OANDA:AUDUSD has practically been caught in an Ascending Channel for most of this year but that might not be for "Long"!
A few key things to point out:
- Early April delivered a False Breakout where Price reached the Previous 5 Year Low @ .5980 and was immediately sent back up into the Channel! (Liquidity Sweep??)
- Most of the Price Action that's occurred in this range has been contained to the Upper Chamber of the Channel between the Rising Resistance and Linear Regression.
- Price Consolidated tightly into a Pennant Pattern underneath the Rising Resistance for the past few weeks before delivering a Bullish Break just earlier this evening.
If Bulls are able to sustain Price outside the Channel, this could generate potential Long Opportunities on the Retest of the Break of the Ascending Channel!
Once a Breakout is validated and Retest is successful, the Price Target would be the Next Swing High @ .66875 where Bears were able to push Price down last.
Fundamentally, RBA will be releasing CPI y/y numbers on Tuesday, May 27th with analysts forecasting a .1% Decrease in Inflation from 2.4% to 2.3% after last week having made a 25 basis point rate cut from 4.1% to 3.85%.
AUD_USD LONG FROM RISING SUPPORT|
✅AUD_USD is trading along
The rising support line
And as the pair will soon retest it
I am expecting the price to go up
To retest the supply levels above 0.6460
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Bearish drop?The Aussie (AUD/USD) has rejected off the pivot, which acts as an overlap resistance and could potentially drop to the 1st support which is a pullback support.
Pivot: 0.6451
1st Support: 0.6392
1st Resistance: 0.6481
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Market Analysis: AUD/USD Faces Pressure, Dips AgainMarket Analysis: AUD/USD Faces Pressure, Dips Again
AUD/USD declined below the 0.6500 and 0.6460 support levels.
Important Takeaways for AUD/USD Analysis Today
- The Aussie Dollar started a fresh decline from well above the 0.6500 level against the US Dollar.
- There is a connecting bearish trend line forming with resistance at 0.6460 on the hourly chart of AUD/USD at FXOpen.
AUD/USD Technical Analysis
On the hourly chart of AUD/USD at FXOpen, the pair struggled to clear the 0.6520 zone. The Aussie Dollar started a fresh decline below the 0.6500 support against the US Dollar.
The pair even settled below 0.6460 and the 50-hour simple moving average. There was a clear move below 0.6450. A low was formed at 0.6435 and the pair is now consolidating.
On the upside, an immediate resistance is near the 0.6460 level and the 23.6% Fib retracement level of the downward move from the 0.6537 swing high to the 0.6435 low.
The next major resistance is near the 0.6485 zone or the 50% Fib retracement level of the downward move from the 0.6537 swing high to the 0.6435 low, above which the price could rise toward 0.6515.
Any more gains might send the pair toward the 0.6535 resistance. A close above the 0.6535 level could trigger another steady increase in the near term. The next major resistance on the AUD/USD chart could be 0.6600.
On the downside, initial support is near the 0.6435 zone. The next support sits at 0.6410. If there is a downside break below 0.6410, the pair could extend its decline. The next support could be 0.6350. Any more losses might send the pair toward the 0.6320 support.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
THERE IS POTENTIAL - AUDUSD SHORT FORECAST Q2 W21 D23 Y25AUDUSD SHORT FORECAST Q2 W21 D23 Y25
BE SMART- AWAIT A BREAK OF STRUCTURE FIRST!
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅4H Order Block
✅Tokyo ranges to be filled
✅15' order block identified
✅Weekly 50 EMA forecasting rejection
✅Daily 50 EMA target
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
The Aussie Dollar Heist Blueprint: "AUD/USD" Long Setup!?🌍 Hello, Global Wealth Warriors! Ciao, Salut, Guten Tag, Ola! 🌟
Fellow Profit Pirates & Market Mavericks, 💸⚡
Unveiling our cunning blueprint to plunder the AUD/USD (The Aussie) forex market, crafted with 🔥Thief Trading’s razor-sharp technical and fundamental insights🔥. Stick to the chart’s game plan, zoned in on a long entry. Our mission? Slip out near the high-stakes RED Zone Level—a perilous spot with overbought vibes, consolidation, trend flips, and traps where bearish bandits lurk. 🏴☠️💰 Celebrate your wins, traders—you’ve earned it! 🎉
Entry 📈 : "The heist is on! Wait for the MA line breakout (0.65200) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the ATR line (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries.
📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
🛑 **Stop Loss**:
📍 Thief SL parked at the recent/swing low on the 4H timeframe (0.64600) for day/swing trades.
📍 Tailor your SL to your risk appetite, lot size, and number of orders. Stay sharp!
🎯 **Target**: Aim for 0.66300 or make a swift exit just before.
👀 **Scalpers, Listen Up**: Stick to long-side scalping. Got deep pockets? Dive in now! Otherwise, join swing traders for the grand heist. Use trailing SL to shield your loot. 💰
💹 **Market Pulse**: The AUD/USD (The Aussie) forex market is in a ATR Dynamic Resistance zone but leaning bullish, fueled by key drivers. ☝
🌐 Dive into Fundamentals, Macro Insights, COT Reports, Quantitative Analysis, Sentiment Outlook, Intermarket Trends, Future Targets & Overall score.. Check the linkss for the full scoop! 🔗🌍
⚠️ **Trading Alert**: News can shake the market! 📰
🔐 Protect your positions:
- Pause new trades during news releases.
- Use trailing stop-loss to lock in gains.
💪 **Join the Heist**: Smash the Boost Button to supercharge our robbery squad! 💥 With Thief Trading Style, we rake in profits daily with ease. 🚀 Your support fuels our market conquests. 🤝❤️
Stay tuned for the next daring heist, money makers! 🤑🐱👤🎯