Yes, the upside movement is still standing and the pair broke above a bearish trend line ,
so the up movement is still expected.
Thread: Aud/Usd
Yes, the upside movement is still standing and the pair broke above a bearish trend line ,
so the up movement is still expected.
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If a M15 close above 1.0800 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0650 sell only and do not buy. If price closes back above it again do nothing
The range 1.0800 and 1.0650 is neutral area, any trade done in between is personal decision and not part of this analysis
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in this chart we can see that the candle will downtrend , i use ( one hour frame H1 ) so i suppose to sell in this time at ( 1.07121 ) and make two target the first target at (15 pipe) and the second target is at (the next 10 pipe) and do not forget to make your stop loos at (100 pipe not more) .
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If a M15 close above 1.0700 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0350 sell only and do not buy. If price closes back above it again do nothing
The range 1.0500 and 1.0350 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
as we can see the price now over ema50 line and affected by a bullish push after breaking the down trend. and close under the support level at 1.0322 is a sign for more falling
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If a M15 close above 1.0500 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0150 sell only and do not buy. If price closes back above it again do nothing
The range 1.0500 and 1.0150 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Candle is below Moving Average period 20 in 30 Minutes chart so I think its still standing for downtrend . First target must be at 1.0350 and second target at 1.0340 for next time. Place your stop loss 40 points from your open position
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the resistance at 1,0487 can not break,but support at 1,0352 are testing now.in my opinion trading range for today in area 1,0352 and 1,0487.moving average 10 30 and 50 still pointing
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If a M15 close above 1.0400 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0150 sell only and do not buy. If price closes back above it again do nothing
The range 1.0400 and 1.0150 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
the chart and as we can see on it is showing the pair has succeeded in closing it's daily candle above level 1.0400 , and that's mean the up trend is still standing and the pair might head to 1.0460 and then 1.0500
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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