AW Aussie Dollar Analysis - Contrarian Bull Market Chart...This chart highlights what is happening at the small degree for the bull view.
I can see the first few waves of what should result in a break above the magenta dotted line for confirmation at around .69 cents.
This wouldn't be the first time I have observed such patterns.
During the 2020\2021 EURUSD at the beginning of on the bull run I noticed a very similar pattern occur right before it went higher.
It is definitely an interesting time, but I will not be quick to assume everything else will rise although certain markets may.
The bond yields and interest rates may experience a temporary correction, but the past rate rises may still be having its effects on some markets.
There could however be something similar occur that resembles the 2020\2021 period (after March 2020) all over again.
For the full AUDUSD video breakdown see below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Audusdlong
AW Aussie Dollar Analysis - Contrarian Bull Market View...In returning to my analysis of these currency pairs, a lot of previous experience has made me question even myself.
Stepping back after the USDCAD idea I started to wonder about past mistakes and how to avoid them.
Just because you understand the waves doesn't mean that you don't have flaws.
These flaws can include confirmation bias, this is a good reason to take the opposite view and see how it fits.
In this video I am looking for any reasons to be bullish and whether they seem more plausible.
My ideas and trading setups are for educational purposes only!
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
AUDUSD M30: Bearish outlook seen, further downside below 0.6750On the M30 time frame, prices are facing bearish pressure from the resistance at 0.6750, in line with the Fibonacci confluence levels. A pullback to the resistance zone at 0.6750 could present an opportunity to play the drop to the support zone at 0.6650. A break below the downside confirmation level at 0.6720 could provide the bearish acceleration in prices to the support zone at 0.6650. Prices are holding below the Ichimoku cloud as well, supporting the bearish bias.
AUDUSD LONG TRADE BASED ON MY STRATEGY AND RULE1. Am not trading against the 4hrs time am following the trend on the lower timeframe ENTRY OFF__1HR____ PRICE REJECJECTED SUPPORT
2. My levels/zones are marked correctly so I know were price can
reverse from before taking profit/entry.
3. Waited for candle to close on the__1hr TF_______ before entering this trade
4. Am not taking a full 4hrs Bullish/Bearish (OVERBOUGHT/OVERSOLD) candle
5. There is no News in the next 1hr during the time this trade was
taken
6. Am risking 2% /1% of my account this trade___2%___
AUDUSDAUDUSD is exactly moving according my previous analysis and beautifully give us 2 times good entry on same analysis (tagged).
Now here we see market is trading side ways and I expect some retracment back to buy side or bullish move before continuing downtrend.
If market holds support area then buy with very small risk and high reward.
And keep in mind if market break support structure don't buy again we are in sell positions on this pair long term and this trade is scalping or retracment purpose.
Please trade safe and must use stop loss.
AUDUSD H1: Bearish outlook seen, further downside below 0.6750On the H1 time frame, prices are approaching the resistance zone at 0.6750 in line with the Fibonacci retracement where a pullback to this zone could present an opportunity to play the drop to the support zone at 0.6650. The 0.6650 support zone coincides with the graphical swing low. Stochastic is approaching resistance at 93.39 where we could see a reversal below this level, in line with prices.
AUDUSD H1: Bearish outlook seen, reversal below 0.6850On the H1 time frame prices are approaching the resistance at 0.6850, in line with the 61.8% Fibonacci retracement level and descending channel’s resistance where a pullback to this zone presents an opportunity to play the drop to the support target at 0.6780. Prices are holding below the 20 EMA as well, indicating bearish bias.
AUDUSD - Daily Trade Idea - 15-Dec-22AUDUSD (LONG)- If all the support holds in place.
If we see the Support 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 - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
AUDUSD - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis of NZDCAD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to continue the retracement to fiil the imbalance lower and then to reject from bullish orderblock + institutional mid figure 0.67500.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Due to RISK ON for AUDUSD, there is currently an UPSIDE BIAS for it.
AUD CASH RATE is about to be released. And the USD has become STRONG in the short term. Therefore, STOCKS and COMMODITIES MARKETS are going up a bit now. It is heavily influenced by the Australian dollar. And the AUSTRALIA INFLATION DATA was very POSITIVE that day. Due to this, the RBA made a RATE HIKE.
- The FED MEETING is scheduled to be held today. So be careful while trading USD CROSS PAIRS.
- It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go up to 0.7100 0EVEL. After that, if the MARKET RISK OFF, AUDUSD can SELL to the AUDUSD 0.6723 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start to fall further. For that, the MARKET STRUCTURE should be BREAK. And RISK should be OFF. audusd
AUDUSD - Daily Trade Idea - 14-Dec-22AUDUSD (LONG)- If all the support holds in place.
If we see the Support 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 - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
AUDUSD long (15 min)We got closer to sell zone but it's early to sell in my opinion.
Price touched previouse resistance zone and made new high (BoS)
Then I marked 50% and 75% of the candles wick, that touched resistance. This is my buy zone.
By toutching the buy zone ptice made two clear BoS.
From the first BoS I build 50% and 75% from high and low (2 purple circles) levels. That's my two entries.
I've noticied liquidiry price range, that is just near my key level (levels build by Fibonacci extension). So my tp is just near the key level.
Be careful with liquidity. Price can reach 75% of the wick.
Good luck;)