Currently, the AUD/USD pair is trading within a defined range. Observing the price action, we have key levels that could determine our next move.
1. Break Above 0.6610:
- Should the price break above the 0.6610 level, we will need to wait for a retest around 0.6635 before considering a sell position. This level aligns with previous resistance and will give us a better risk-to-reward ratio.
2. Break Below 0.6590:
- Conversely, if the price breaks below the 0.6590 level, it is likely to continue down to our entry point at 0.6580, which coincides with the recent wick lows. This break would indicate a bearish continuation.
Target and Stop-Loss:
- Our target price (TP) is set at 0.6652, which aligns with the previous resistance level and the 50% Fibonacci retracement level, providing a strong confluence for our take-profit zone.
- The stop-loss (SL) is positioned at 0.6540, safeguarding our position should the market move against us.
Recent Performance:
- Yesterday, we successfully executed a trade on this pair, which was shared on Minds, yielding excellent results.
Stay vigilant and wait for confirmation before entering any trades.
1. Break Above 0.6610:
- Should the price break above the 0.6610 level, we will need to wait for a retest around 0.6635 before considering a sell position. This level aligns with previous resistance and will give us a better risk-to-reward ratio.
2. Break Below 0.6590:
- Conversely, if the price breaks below the 0.6590 level, it is likely to continue down to our entry point at 0.6580, which coincides with the recent wick lows. This break would indicate a bearish continuation.
Target and Stop-Loss:
- Our target price (TP) is set at 0.6652, which aligns with the previous resistance level and the 50% Fibonacci retracement level, providing a strong confluence for our take-profit zone.
- The stop-loss (SL) is positioned at 0.6540, safeguarding our position should the market move against us.
Recent Performance:
- Yesterday, we successfully executed a trade on this pair, which was shared on Minds, yielding excellent results.
Stay vigilant and wait for confirmation before entering any trades.
Pesanan dibatalkan
Price did not hit entryNota
New analysis.We plan to sell at 0.6665, leveraging the 61.8% Fibonacci retracement level.
The overall trend is bullish right now, but the bulls getting weaker base on the 100 ema
Sell Entry: 0.6665
Take Profit (TP): 0.6595
Stop Loss (SL): 0.6710
Stay disciplined and follow the plan for optimal results.
Nota
Wait for the news before you enterDagangan aktif
EnterDagangan ditutup: sasaran tercapai
Close profits early, 25 pips
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t.me/+pknBOliLTkI1Mjk5
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
My free signals
t.me/+pknBOliLTkI1Mjk5
Contact me
t.me/Eleazarahmath
Twitter
x.com/Elitepipmaster
t.me/+pknBOliLTkI1Mjk5
Contact me
t.me/Eleazarahmath
x.com/Elitepipmaster
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.