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Would audusd establish downtrend or continue range?The rise of audusd temporarily ceased due to MPP (P) 0.74689 and WePP (R1) 0.74786. If it invert from here and attack YPP (S1) 0.72900, expectations for downtrend increase. However, the penetration to YPP (S1) remains as difficult as the previous idea. Most recently I will consider transactions with a story aiming for YPP (S1) attack. <> 1) MPP (P) 0.74689 and WePP (R1) 0.74786 functioned as resistances short. The first limit is 0.74000 above The second limit is 0.73500 above I conscious of above WePP. 2) It is doubtful that MPP (P) 0.74689 and WePP (R1) 0.74786 functioned as resistance I will observe it because I am not sure well. I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding round number. Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------
Short
by fondiea
Would audusd establish downtrend or continue range?The rise of audusd temporarily ceased due to MPP (P) 0.74689 and WePP (R1) 0.74786. If it invert from here and attack YPP (S1) 0.72900, expectations for downtrend increase. However, the penetration to YPP (S1) remains as difficult as the previous idea. Most recently I will consider transactions with a story aiming for YPP (S1) attack. <> 1) MPP (P) 0.74689 and WePP (R1) 0.74786 functioned as resistances short. The first limit is 0.74000 above The second limit is 0.73500 above I conscious of above WePP. 2) It is doubtful that MPP (P) 0.74689 and WePP (R1) 0.74786 functioned as resistance I will observe it because I am not sure well. I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding round number. Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------
Short
by fondiea
>> AUDUSD << April 19th >> Long „Breakout“ Setup <<Hey Guys and Welcome, AUDUSD broke over previous week highs, we are following „Mid“-term Trend with a good RR. Very bullish price action agains the trend occurred last week and formed a short-term strong uptrend, we are following this one expecting a possible break of our Trendchannel to the upside. Long: 0.78120 Sl: 0.77744 (40 Pips) TP: 0.78506 (40 Pips) TP2: 0.79048 (95 Pips) Feel free to Comment and Discuss my Trades. Have a Great Week :) Alan
Long
by DACapitalTrading