SubscribeAUD/USD formed A wave of the 6th order at 1.0768–0.9387 and is forming a correction wave to it. A and B sub waves have been formed within the correction, and C wave of the 3rd order is being formed
Thread: Aud/Usd
AUD/USD formed A wave of the 6th order at 1.0768–0.9387 and is forming a correction wave to it. A and B sub waves have been formed within the correction, and C wave of the 3rd order is being formed
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Confirmation of a reversal is needed on a daily close below 1.0353 (the midpoint of the October 12 candle) on for the current bar. We will look for this to materialize to enter short.
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this is the best pair for last 2 weeks ....... 900 pips within 10 days of trading with a strong uptrend movement ........ and now it already reach the maximun level for th wave 1 and soon the correction will start ........
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If a M15 close above 1.0350 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0250 sell only and do not buy. If price closes back above it again do nothing
The range 1.0350 and 1.0250 is neutral area, any trade done in between is personal decision and not part of this analysis
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Pair exhausted the daily Range 180 pips today in favor of the bulls stimulated by the weakness of American Dollar against Majors .... was rebounced at the R2 Level at 10310...
it is expected to reverse more pips before completing its uptrend ........
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If a M15 close above 1.0250 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 1.0250 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.
I think this pair will fall today. so its good time to sell.
Sell is the good decision or you can close your buy order.
Because downtrend expected to continue.
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If a M15 close above 1.0200 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0100 sell only and do not buy. If price closes back above it again do nothing
The range 1.0200 and 1.0100 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.
we can see that the pair has failed in breaking 1.0200 and bounced from it to reach , so that's mean the down trend is expected and the pair might head to 1.0130 and then 1.0100
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If a M15 close above 1.0250 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 1.0250 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.
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