AUDUSD still showing some bullish opportunity, Double bottom is formed on daily chart, if there are some bullish candle formations the price could move toards resistance 1 and go further to resistance 2.
Conditions: Approaching resistance Trading Opportunities: Go short after the price rejecting resistance level
Conditions: Approaching resistance Trading Opportunities: Go short after the price rejecting resistance level
Conditions: Channel is broken Approaching Support Level Opportunities: Buy after the price bounce back from support level with strong bullish candle
Conditions: Channel is broken Approaching Support Level Opportunities: Buy after the price bounce back from support level with strong bullish candle
Go short after the price breaks the support level
Broke Channel Broke Resistance Possible movement to the next resistance
Conditions At the top of the channel Near Resistance level
Conditions: RSI showing oversold Possible pullback
Conditions: -RSI oversold -At support level Trading opportunity: -Go long after break from the previous candle
This pair seemed to struggled to break the resistance level, it looks more bearish now and there is double top pattern formed, possible movement to support level withinn a few weeks or months
Possible rally to R2 or just goes down from R1, Look for Bearish candle to go short or go long after bullish candle on daily
Conditions: At the bottom of channe Near support level Trading Opportunities: Watch for bullish candle to go long Watch for breakout of trendline and support level to go short
Conditions: At the top of the channel Broke RSL Near resistance level Trade Opportunities: Wait the price to break the channel or resistance to go long Looking for bearish candles to go short
This pair is in long term uptrend, Potential bounce from S1 or S2 to R1, This idea is invalidated if the candle close below TL
After correction i expect the perice to cotinue moving downside
Price is in uptrend, buy when the candle make a higher high from previous candle