AUDUSD 30 Minute Chart Analysis

Hello traders welcome back to a new trading day. Well we have a full day of data today in all three sessions and must be alert to this. The charts are looking good and most staying with the trend again the entry could be tricky. I think we can have a good trading day today…..OK so let us take a look at the trade plan for today. We will Look at the AUDUSD- This is the 30 minute chart.This is the 30 minute chart.This pair continues to be bearish as it is now approaching resistance. I am looking for a Fibonacci pullback to the 50% level also the daily pivot is in the same area. We would like to enter this with a bearish candle at price level 0.7288. There are two take profit levels the first being the support line as marked on the chart at 0.7263. The second take profit is the S1 at price level 0.7246 Data has come out and we are now in the perfect spot for our planed entry.


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AUDUSD 30 Minute Chart Analysis

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AUDUSD 30 Minute Chart Analysis

Hello traders welcome back to a new trading day. Well I was little shocked when I opened the charts today to see many pairs had a large up move yesterday and I was reading trying to find out what happened and I do not see anything. The trades today is all about support and resistance levels. We only have GBP data in London and in Asia we have NZD rate decision. This makes for an interesting day. No data in US session. OK traders let us take a look at todays trade plane with the AUDUSD- This is the 30 minute chart. Traders this pair is still bearish on the daily chart. Traders the only trade I will take on this is a short trade as we are at resistance now and data to come out in the Asia session. I have placed a range on the chart and I am looking to short this at price level 0.7414, If it goes to the top of the range we will sell from there. I am looking to take profit at 0.7356 witch is the daily S1 pivot point. I do not see this as an easy trade as data might effect the chart and trade plan. Tahnk you traders and talk soon… William


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AUDUSD 30 Minute Chart Analysis

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AUDUSD 30 Minute Chart Analysis

Hello traders welcome back to a new trading day. Well I was little shocked when I opened the charts today to see many pairs had a large up move yesterday and I was reading trying to find out what happened and I do not see anything. The trades today is all about support and resistance levels. We only have GBP data in London and in Asia we have NZD rate decision. This makes for an interesting day. No data in US session. OK traders let us take a look at todays trade plane with the AUDUSD- This is the 30 minute chart. Traders this pair is still bearish on the daily chart. Traders the only trade I will take on this is a short trade as we are at resistance now and data to come out in the Asia session. I have placed a range on the chart and I am looking to short this at price level 0.7414, If it goes to the top of the range we will sell from there. I am looking to take profit at 0.7356 witch is the daily S1 pivot point. I do not see this as an easy trade as data might effect the chart and trade plan. Tahnk you traders and talk soon… William


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AUDUSD 30 Minute Chart Analysis

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