Hello Fighters,
It has been awhile since I have been posting Ideas on TradingView and I do apologize my reasoning is because I have been working creating and optimizing automation systems for you that I will be sharing in the near future that has improved my trading accuracy and winnings and I want it to do the same for you. But lets get into it
AUDUSD
The (USD) Bears have controlled the monthly movement for more than a year and the final target to the downside is approaching at .6500. On the daily the (AUD) BULLS were able to push the price up but were rejected at a monthly pivot at .6875 turning past support into future resistance. If you were in my Carter Kyle Academy Classes you would have taken this trade on 10/21 and would have caught the 1st wave of this movement however, there is some opportunity to get into this trade again on the 2hr chart. Look for a high price on the 2hr or a rejection of the .6817 area to take a SELL down to .6500 there are 2 areas of caution .6695 and .6650 that may be areas to take a short profit. Overall risk to reward is around a 1:2
For more insight on this pair and others view the latest video of #PLANYOURTRADETV the AUDUSD is at the 33.00 Mark youtu.be/CrCfchbVhBw
It has been awhile since I have been posting Ideas on TradingView and I do apologize my reasoning is because I have been working creating and optimizing automation systems for you that I will be sharing in the near future that has improved my trading accuracy and winnings and I want it to do the same for you. But lets get into it
AUDUSD
The (USD) Bears have controlled the monthly movement for more than a year and the final target to the downside is approaching at .6500. On the daily the (AUD) BULLS were able to push the price up but were rejected at a monthly pivot at .6875 turning past support into future resistance. If you were in my Carter Kyle Academy Classes you would have taken this trade on 10/21 and would have caught the 1st wave of this movement however, there is some opportunity to get into this trade again on the 2hr chart. Look for a high price on the 2hr or a rejection of the .6817 area to take a SELL down to .6500 there are 2 areas of caution .6695 and .6650 that may be areas to take a short profit. Overall risk to reward is around a 1:2
For more insight on this pair and others view the latest video of #PLANYOURTRADETV the AUDUSD is at the 33.00 Mark youtu.be/CrCfchbVhBw
