AUD_USD LOCAL SHORT|
✅AUD_USD went down
And broke the key horizontal
Level 0.6707 which is now a
Resistance so we are locally
Bearish biased and we will
Be expecting a local move down
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
USDAUD trade ideas
Quick trade AUDUSDPrice move sideway above the demand order block, then I wait for a big move then buy. hopefully it can reach the supply order block. :)
Pullback support ahead for the Aussie?The price is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance that acts as a pullback resistance.
Pivot: 0.6641
1st Support: 0.6593
1st Resistance: 0.6698
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.
Weird double Head and shoulders pattern on AUDUSDFirst time I`ve seen 2 HS pattern inside one another. For some, this would be the ultimate bearish setup. As I dont rely solely on technicals,I am not trading this pattern myself but worth sharing
AUD/USD more downside expectedHi
1.Top of the HTF Structure
2. Double Top
3.HeadNShoulder Pattern
4.LTF Bearish Impulse
Wait for some LTF Correction and if we see a breakout of this structure we can expext more downside
AUDUSD SELL SETUPAU gave a strong break of structure here with DXY finding support. I'm looking for the retest around 0.6700 for the next bearish wave setup!
AUDUSD SETUP COMPLETEDThis setup played out as anticipated earlier on in the week. Keen to see what the new week may have in store for us
What are your thought ?
AUDUSD - First " SHORT " Then " LONG "20 SMA - Blue
200 SMA - Pink
Key Confluence Areas - Grey Lines
How I see it:
1) Price will continue down to fill Imbalance first.
2) Then re-test previous confluence area @ 0.67000
3) Then continue down further.
4) Once price holds below 0.66200, 0.6500 is next.
AUDUSDAnalysis of AUDUSD 4-hour time frame
In the specified areas, especially in the swap zones, you can enter the position after seeing the confirmation within 15 minutes
Looking at AUDUSD Price ActionsLet's Read the AUDUSD Market Price Actions and Decide to What gonna do in next days, Good Luck With Your Trades <3
AUD/USD Short Trade IdeaPrice is at an area of resistance. The current Bias is Bearish. There has been a weekly divergence on the RSI, which is another confluence to support this Bias.
On the daily timeframe a head and shoulders pattern has formed and last week the right shoulder has finally broken through support. Breakout traders are long here.
For a more secure entry, pullback traders and continuation traders can wait, but there is the chance that a pullback does not occur and it continues to the next area of support.
Take Note of TP1, TP2, and TP3. These are all daily zones and need to be treated as zones or areas.
The above is only an idea of what could possibly continue to happen. Stay safe and always use proper risk management.
Aud usd trend#audusd
Observing the shoulder shoulder pattern at the end of the uptrend
The pattern can cause the price to fall to the minimum initial target of 0.65700.
The trend has become downward and the head and shoulders pattern has also been activated.
AUDUSD 4H bullish trendAUDUSD 4H Bullish Trend continues
hope i get the chance and my order would get filled at around 0.6650
WHAT DO YOU SEE?A stronger reason to short the Aussie was given from the breakdown of price at the neckline of the 4H Head and Shoulders Pattern.
MEANWHILE,
DISCLAIMER: This is only my opinion of the market and not a trading signal. FOREX trading is highly risky.
Sell AUD/USD Bearish Flag The AUD/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 0.6733, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 0.6662
2nd Support – 0.6626
Stop-Loss: To manage risk, place a stop-loss order above 0.6760. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
AUDUSD STRUCTURE The weekend is here, go back to your drawing board and check if you followed your rules, broke them, or stayed patient. practice continuous learning and be flexible when making analysis always remember the people we admire don't have 2 heads it all boils down to how we use our time effectively. This is the structure we will be following for AUDUSD we will wait for the price to get into the 15-Min OB before we can look for further confirmations to sell off to the 4H OB. Do well to like share and follow, stay tuned for more updates.
AUDUSD: Bearish Reversal Confirmed 🇦🇺🇺🇸
AUDUSD formed a head and shoulders pattern on a daily time frame.
With the release of the yesterday's US fundamentals,
the price dropped rapidly and violated a neckline of the pattern.
We can anticipate a further bearish continuation now.
Next supports: 0.6645 / 0.657
❤️Please, support my work with like, thank you!❤️
Short AUDUSD on major resistance!!!My overall bias on AUD in the long term is still bullish, but I expect some big retracement on this pair. AUD has struggled to break out as the price has lost momentum on major resistance at the 0.6800 area. I wait for a break of the support level, and the price is below 20 and 50 ema to enter the sell trade
Trade safe and manage your risk guys!!!
AUD/USD BEARS TO STILL DOMINATE THE PAIR As we close the 1st week of September, my future analysis of the pair is as follows
Current Price Action:
The price is currently around 0.66716. My 4 hr tf range is marked between 0.67138 and 0.67669, indicating a potential reversal or consolidation zone. FVP retest area around 0.66973, suggesting a potential level where the price might reverse after retesting. First Target is @ 0.66225 as a first target zone, which is also an area of an unmitigated zone. This could be a significant support level if the price continues to drop—2nd target @ 0.64796, further down and indicating a deeper retracement.
Liquidity Zones
Below the 2nd target area, there's a liquidity area left unmitigated. This area might attract the price if it continues to decline, as it indicates a zone where previous orders were left unfulfilled area of reversal order accumulation is around 0.66716. If the price reacts to this zone, it might attempt to test higher resistance levels again before any further decline.
AUD-USD Bearish Breakout! Sell!
Hello,Traders!
AUD-USD is going down
And the pair broke the
Key horizontal level
Of 0.6700 which is now
A resistance and the breakout
Is confirmed so we are bearish
Biased now and we will be
Expecting a further move down
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Head & Shoulders pattern on the AUD/USD 4HR chartHead & Shoulders pattern has formed on the AUD/USD 4hr chart,
the neckline has just been broken so it's time to look for an entry
and exit points.
AUDUSD Going as expectedWe analyzed the pair to fall and it's sinking deeper and deeper... what a joy to behold
