AUD/USD 07/20/20 POSSIBLE SELL -4 HOUR SUPPLY ZONE
-EXPECTING 15 PIP RETRACEMENT
-DOUBLE TOP ON 30 MIN TIME FRAME
Aussiedollar
AUDUSD Continues To Test The Q1 HighAUDUSD is continuing to test the Q1 high and is currently trading a few pips higher than the significant 0.70 level. Technically price appears to be forming a bull pendant flag, as buying continually grinds the pair higher. Price hasn't been able to close above the Q1 level of 0.70162 however higher lows continue to be formed on the pair. Traders could look to hedge positions on the pair or wait for a break of the flag pattern to open positions.
AUDCAD ANALYSIS by Wave FX AcademyHi Traders, here is my analysis for this pair, Comment your thoughts or like if you agree. All feedbacks are welcomed. An entry will be taken only if all rules of my strategy are satisfied. Add pair to your watchlist and see if the rules of your strategy provides an entry.
Elliott Wave View: AUDUSD Remain SupportedAUDUSD 45 minutes chart below shows that pair has ended cycle from July 9 high as wave 2 at 0.6918 low. The pullback unfolded as a zig-zag Elliott Wave Structure. From July 9 high, wave ((a)) ended at 0.6920 low. The bounce in wave ((b)) ended at 0.6993 high. Afterwards, the pair declined lower in wave ((c)), which ended at 0.6918 low. This ended 3 waves pullback in larger degree wave 2. From there, the pair extended higher as a 5 waves impulsive Elliott Wave Structure in wave ((i)). The rally broke above previous wave 1 high, confirming that wave 2 dip is already in place and the next leg higher is already in progress.
Up from wave 2 low, wave (i) ended at 0.6964 high. The pullback in wave (ii) ended at 0.6931 low. The pair then continued to resume higher in wave (iii), which ended at 0.7018 high. Wave (iv) pullback then ended at 0.6992 low. The pair then ended the push higher in wave (v) at 0.7037 high. Currently, a 7 swing double zigzag in wave ((ii)) is in progress. The pullback is unfolding as double three Elliott Wave Structure. Wave (w) has ended at 0.6967 low and wave (x) has ended at 0.7012 high. The pair can still extend for another low to complete wave (y). However, while above 0.6918 low, expect dips to find support in 3, 7, or 11 swings for more upside.
AUD/JPY STRUCTURE ANALYSIS|
3 day chart shows us that AUDJPY has broken out of the yet another long term downward channel and is now storming new highs following the two diagonal support lines, having the broken channels ex-resistance line as the new ultimate support.
The new target level to be tested is the horizontal structure resistance, nearby. The price action suggest that the level will likely be reached and tested.
Therefore, It might be reasonable to go long from the support, or wait for the local resistance breakout.
If the level is reached, one might consider a pullback trade as an option.
Thank you for reading and have a nice day!
AUDUSD - DAILY - SHORTS READY Audusd - daily chart - finally see a reversal coming on this pair. 300-400 pips target.
AUDUSD Short PositionA stable support and resistance zone has formed which we can take advantage on and go short on once we get a confirmation of successive bearish candles on smaller time frames.
AUD/USD 07/14/20 POSSIBLE SELLI am looking for short if price rejections zone i have marked. I am looking for scalp trade on this. Take profit will be at 25 pips. Stop loss should be 12 to 15 pips.
AUD/USD POSSIBLE BUY 07/08/20BUY AT 0.69782 AND TP: 0.70032 AND SL: 0.69657. 12.5 pip SL and 25 PIP TP for a 1:2 RISK TO REWARD. Manage RISK to your level. Check out my YouTube at NOEFXX.
GBPAUD - Bounce off downtrendSimple counter trend buy on GBPAUD - price has broken through the downtrend and retested on the opposite side.
Potential bullish continuation.
AUD/USD SYMMETRIC STRATEGYMatie respected our symmetrical triangle with a clear retest at 0.69030. We looking very bullish on Matie. Bulls have power at the moment.
GOODBYE AUSSIE?AUDUSD has rejected the 0.69800 institutional level and has been playing around and testing 0.69500. It has approached the Daily 0.62 fibonacci retracement and I believe it will rollover to atleast the 0.67000 level. This has the potential to drop lower though but lets see.
AUDUSD STRUCTURE LONG|DOUBLE SL
The pair is trading near a breakout area in a triangle, and a push up towards to retest the resistance is possible.
Wait for the price to go a bit lower and go long with buy limit.
Two targets, two stops. 0.5% both.
Thank you for reading, like subscribe and have a nice day!
AUDCAD STRUCTURE DECONSTRUCTION| TRADING PLAN
The pair has broken out of the long term bearish resistance, got above an important mirror level, and is now storming another horizontal structure with the bullish triangle!
Trading plan:
Wait for the CONFIRMED breakout of the triangle wither way, and then enter the trade after the pullback.
The pair either goes hither, or returns to the previous diagonal support line, which is rather close to the horizontal support.
Thank you for reading, like, subscribe and have a nice day!
AUD/USD breakout with LONG-Potential!Hey tradomaniacs,
looks like aud/usd is finally ready to breakout of the consolidation.
With a nice retest we could get a confirmation for this idea.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
GBP AUD short term sell then buyWe are currently creating a lower low structure which is creating a nice wave pattern to the downside to reach the level of 1.77 a great structure level.
We are currently short but be aware longs are being added.
However the Aussie has had orders shorted for the past 13weeks.
GBP with 54% short - 42,071
AUD with 69% short - AVG (13) - is 61,487
What can we see technically?
- Daily bearish but breaking momentum short in the channel.
- weekly bearish zone touched
- bounce from the demand zone zone.
- we can see the trend beginning to add long positions to correct.
- we have made lower lows and lower highs- showing the correction
- now in a consolidation zone with some great wicks formed and a reversal to the upside.
Where to enter?
Follow your plan
we have further buy limits at 1.77 and will wait and watch at 1.78 if price reaches the lower weekly deep retest.
we also entered sells at 1.8115 & 1.8070 respectively.
Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted.
Trade what you see, this is purely our Bias.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
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simple breakdowns for beginners to advanced .
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we trade purely from naked charts, less indicators - remove the noise.
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Team Lupa.
Aussie 50-61.8AudUsd between 50-61.8 Fibonacci retracement. This is a sell zone. Wait for short opportunities.
AUD/USD 06/28/20 POSSIBLE BUY BUY STOP AT .69220 SL: .68845 TP: .69220 12.5 pip SL and 25 PIP TP for a 1:2 RISK TO REWARD. Manage RISK to your level. Check out my YouTube at NOEFXX.
AUD/USD 06/28/20 POSSIBLE SELLSSELL STOP AT .68427 SL: .68552 TP: .68177 12.5 pip SL and 25 PIP TP for a 1:2 RISK TO REWARD. Manage RISK to your level. Check out my YouTube at NOEFXX.
AUDUSD LONGWe are long the Aussie in the Short Term according to our weekly analysis. We have observed Buyers participation from 0.6840 Friday Low, price has been discounted so it is BUY OR DO NOTHING from here for us.
Stop Loss is any close below 0.6840. A break above T1 will give us 74% Target.
NOTE:Truths
-Traders will do the same thing over and over again.
-In trading, no one to blame and no one to question what price did.
-Price can break any low/High because anything can happen.
If you fully allign your thinking in line with the truth about the market then you will win.
AUD/USD 06/23/20 POSSIBLE SELLBREAK of MINI SUPPORT.SELL STOP AT 0.69217 and SL: 0.69342 and TP: 0.68967. 12.5 pip SL and 25 PIP TP for a 1:2 RISK TO REWARD. Manage RISK to your level. Check out my YouTube at NOEFXX.
