Audusdbuy
AUDUSD First Target Hit +500 Pips...Update on the BUY position on this pair on Friday we hit the first easy target for the position which was the previous weekly swing low in the current downtrend.
You can read the related post to find out the reasons for this entry as it's went exactly as expected reacting well @ the weekly DEMAND/BUY level at 0.62 which is were we entered with 500 pips profit banked the position is closed
Final target looks to be the weekly SUPPLY/SELL area aroun 0.68 we could well get a quick rally up here early this week and then a SELL off you should be looking for selling opportunities as price approaches 0.68 above would be a bad idea to buy into this area.
If looking to buy would wait for a pullback to 0.65 and under :)
You can learn alot my reading through my related posts you will learn how to find huge opportunites that produce trades that bank hundreds of pips at a time.
AUD/USD Waite to pullback on Demand Zone. Then BUY.......
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,
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two scenarios AUD USD H1AUDUSD
In the continuation of the upward trend of the Australian dollar, I will follow two scenarios:
1. If it returns to the area between 33 and 50% Fibonacci and I will be in a buying position
2. If the levels break and after the pullback, we will enter the buying position.
I will update this analysis every hour until the results are announced.
AUDUSD H1: Bullish outlook seen, further upside above 0.6390On the H1 time frame, prices are testing the support zone at 0.6390, in line with the Fibonacci confluence levels where we could see further upside to the resistance zone at 0.6480. The 0.6480 resistance zone coincides with the graphical resistance and 78.6% Fibonacci retracement. Stochastic is bouncing off the support at 8.24 support as well and seeing a bullish divergence as highlighted in green, supporting the bullish bias.
Bullish outlook on AUDUSD: 27 October 2022On the H4 time frame, prices are approaching the support zone at 0.64000 which coincides with the 38.2% Fibonacci retracement where a pullback to this zone could present an opportunity to play the bounce to the next resistance zone at 0.67200, in line with the graphical resistance level and 61.8% Fibonacci retracement. Prices are holding above the 30 EMA as well, supporting the bullish bias.
AUDUSD NEW UPSIDE TREND!?!! 4H REVERSALSo price right now is grabbing my attention as we are at a way better spot for entry, 61% retracement at the time of writing this so definitely interested in buys if we continue this rejection. Remember its the start of the week so stay patient we will always have opportunities throughout the week so no need to rush any trades.
AUDUSD as expected HUGE UPSIDE MOVE!!!As expected price made a lovely rejection from the bottom of this consolidation zone and break out to the upside showing that we could be in for a longer term trend change. Ill be looking for price to make a pullback from the bullish move and look at catching the continuation leg to the upside. Wait for the best risk reward and follow market structure, price more then like always gives you a second chance to get into a trade so always stay patient!!
AUDUSD trading the consolidation zone!Will be looking for rejections on either side of each support and resistance within this consolidation zone we have created on the 4hr.. Possible rejection for a reversal? we never know and id rather be positioning myself for entry's to try catch it if we see that scenario.. but also as always never forget overall downside direction the the different time zones!
Wed 19th October 2022 AUD/USD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/USD Buy. Enjoy the day all. Cheers. Jim
AUD/USD Made Inverted Head And Shoulders,But Still Not ConfirmedThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.