Audusdsell
Re-test of 0.63402 before potential selling momentum We have price moving in what i would class as a retracement. I am looking at short term movement in this picture, price is showing potential to sell for at least 100 pips. Stop loss has been marked, if price moves to our stop loss it invalidates this pattern. Take profit has also been marked.
It's very important that you manage your risk. DO NOT risk more than 2% on this trade or any trade for that matter. Capital preservation should be your first priority.
This is the Best Area to sell AUDUSDHello friends, many of you might have considered selling AUDUSD after the drop last week. And, the idea of selling is not wrong at all.
AUDUSD has gained a whopping 17% +(more than 900 pips) after last month's drop to 0.55. This recovery is due to the relief rally in global indices.
However, the recent recovery looks unsustainable. So, when the markets start tumbling again, there's a good chance that AUD(which is considered a risk asset) will be sold off once again.
In my opinion, the best area to sell AUDUSD is between 0.6380-0.6520 which is close to the 100D EMA.
If AUDUSD reverses from that area, I expect a drop to 0.5990 at least.
AUDUSD. Will the price enter the sell zone?Hi subscribers.
In the previous chart,
we observed how the price reached its target,
now it should enter the sell zone,
from there it will be profitable to sell.
If she does not enter her,
do not perform any operations.
Good luck to you.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
AUD USD big shorting opportunityWe could drop a big amount of pip here , probably ABC zigzag down with the Fibonacci time analysis that red box when it could reach the new low .:)
AUDUSD has possibly reversedAUDUSD seems to have reversed at the PRZ.
Sell entries are valid at the PRZ( indicated with an ellipse in my chart). TPs can be set at the Support areas with SL placed above the 100D EMA.
AUDUSD bounced from support, potential for a further rise!
AUDUSD bounced off 0.88408 where it could potentially rise further to 0.90105.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD bounced from support, potential for a further rise!
AUDUSD bounced off 0.62188 where it could potentially rise further to 0.66822.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD Market Outlook | Daily Forex Market BreakdownAUDUSD
Bulls are definitely in control right now. We should be seeing a pull back to the downside soon, but right now any attempt to push lower gets instantly taking out and price continues to climb. Patience will be key with this pair. I feel we could easily push up to 0.65 and even 0.66 before rolling over to the downside.
AUDUSD it's time to go short hello everyone AUDUSD as you can see there's many indicators confirm to go short: 1st the support become resitance 2nd RSI coming back out from overbought beside a divergence 3d we have a bearish AB=cd pattern good luck!
AUDUSD possible scenarioNext 3 moves for #AUDUSD:
The price is now deciding which channel to follow ;-).
Anyway, we've to wait for a clear Elliot pattern to be confirmed.
Whatever will be, point 1 is satisfied, so we can set the 61% Fib up.
And it's around 0.67 area which is confirmed by a strong Impulse started on 9th March.
Entry 0.6700
SL 0.68
TP 0.62
AudUsd- is this correction finally over?From the low of 0.55, AudUsd corrected almost 1000 pips in a ABC manner.
Now the pair entered a strong sell zone and I believe this correction is finally over.
I favor short positions as long as the price is under 0.65
