AUDUSD GOING DOWN LONG TERM!!!HELLO TRADERS
It seems like on a weekly timeframe this pair reached a resistance or supply zone(LOWER HIGH) and to back this up with top down analysis on a daily timeframe, the market formed a head and shoulders chart pattern which is a reversal chart pattern.
Moving on to the 4 Hour timeframe the market broke the neckline, probably confirming the new direction of the market.
Before any sell orders the market has to go through a correction phase to release buyers that are still in the market.
On the 1 Hour timeframe, traders should be vigilant for reversal candlestick pattern, chart pattern or Fibonacci retracement for entries......
N.B THIS ANALYSIS CAN ALSO BE USED ON CORRELATING PAIRS:
EURUSD
GBPUSD
NZDUSD
USDCHF
USDJPY
Audusdshort
AUDUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDUSD SELLGood Morning guys we are looking to Sell AUDUSD based on my analysis you also using pure price action you would know what price is telling us on AU, we broke trend and we are currently retesting the major sell zone. Save this Analysis and make sure you guys take good advantage of this trade thanks. Drop a Comment on what you think about AU.
AUDUSD - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on AUDUSD .
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. I look price to make a retracement to fill the imbalance and then to reject from bearish order block to open a short position.
‼️Attention!!! Due to the fact that we have news on USD & AUD tomorrow, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
AUDUSD Bearish Signal 2Hr TFAUDUSD is in a downtrend after the bearish impulsive phase that broke the bearish flag. The price is presently at a major support level, i expect a break of this level, retest before I will possibly short it.
How ever, there is only one thing that could invalidate this trade, if the price reverses back from this support as marked with the red arrow , this would invalidate this trade setup.
What's your opinion on this trade? kindly like and comment below
AudUsd- Drop to 0.67 could be nextAfter the second top at 0.7150 at the beginning of the month, AudUsd dropped hard area and reached 0.6850 in just 3 days.
A recovery followed, but we can see that this rise lacks impulse, is corrective in nature, and is, in fact, a flag pattern.
Rallies above 0.7 are also clearly sold so, I expect a new leg down from AudUsd.
The target for this drop is the 0.67 zone and this bearish scenario is negated by clear buying power above 0.7
AUDUSD Next Move Depends on PURPLE RectangleAUDUSD Major points are mentioned on the chart...
These points are calculated on the previous chart history and the indication shown by the technical indicator so please do your own research before taking any step for Buy or Sell trade...
Have patience and wait for proper confirmation on chart of AUDUSD...
Thanks for your support as always...
AUDUSD H4: Bearish outlook seen, further downside below 0.7020On the H4 time frame, prices are approaching the resistance zone at 0.7020, in line with the 61.8% Fibonacci retracement and 100% Fibonacci extension. A pullback to this zone presents an opportunity to play the drop to the support zone at 0.6880, in line with the graphical low and 50% Fibonacci retracement. Prices are holding below the Ichimoku cloud, and stochastic is approaching resistance at 95.24, supporting the bearish bias.
VERTEXCHARTS | AUDUSD TRADE IDEAAUDUSD has been moving in a descending channel in the weekly timeframe and has recently touched the resistance line of the channel and has started to fall towards the support line.
during the last week it has also shown price rejection and therefore established some confirmation of bearish movement within the week.
Look for more confirmations for a possible short position
Short on AUD/USD...Yo People,
This week is going to be the best.
I am short on Aud/usd for the week. DXY has been inching upwards. AUD/USD has made a 5 wave move up and also is now forming the HnS pattern.
HnS is a good bearish pattern. Have marked my potential TP which is where i believe AUD will correct again from.
Let me know if you support this idea or have a different opinion.
thanks
Madtradex
AUDUSD - Daily Trade Idea - 13-Feb-23AUDUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
AUD/USD Wait to pullback on Supply Zone. Then SELL .......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
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