Good afternoon traders , AUDUSD has been one of my favourite pairs to trade this period as it gave us clear short setups.That was my view Now I am looking for more drop to complete the iii impulsive wave, my sell limit will be at (0.73090). However, if break down sooner , I will join.. Any breakup of 2nd corrective wave invalidate the idea. Take care
Handel aktiv
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Price reached sell limit , trade active , we are selling together.
Handel aktiv
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Following trade as planned
Trade stängt: Stopp nått
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Sl hit , price had pulled back with first candle , after Trump's meeting spiked up. Now its seems like it's making a flag on previous tops , stay out to confirm the https://way..https://www.tradingview.com/x/OvMDc1NY/
Kommentera
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Big bullish candle after the break of the bullish https://flaghttps://www.tradingview.com/x/vf4aosNE/
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I will look for buy setups, AUDUSD unfortunately didn't give us one more drop, now I believe we should see that heading on the top of previous trend.
Hi,
Your original count would suit me well, but it's not following well, so I wonder if you would do an update please.
Cheers
John
ChrisMark
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@johnm600, Hi John you can see my idea for AUDUSD here :
Trader_Dale
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Based on Market Profile (volumes) and Price Action there is very strong swing support at 0.7246. There was about 2 week rotation where the big players accumulated their long trades and then moved the price agressively higher. You Can see this strong trading activity even on yearly volume profile!
If the price comes back to 0.7246 I think that the agressive buyers will come again and push the price higher once more.
Here is my analysis:
Your original count would suit me well, but it's not following well, so I wonder if you would do an update please.
Cheers
John