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Discover Cutting-Edge Trading Ideas with Traday
At Traday, we believe that great trading starts with great ideas. Our Ideas Page is a treasure trove of cutting-edge strategies, expert analyses, and innovative concepts designed to inspire and guide traders at all levels. Dive into a wealth of information that includes the latest market trends, AI-driven insights, and practical advice from seasoned professionals. Whether you're seeking fresh perspectives or proven techniques, our Ideas Page equips you with the knowledge and inspirat
IDeas
AUDUSD
2024-08-12T06:04:43+00:00
1. AUDUSD has demonstrated a consistent uptrend signified by Higher Highs and Higher Lows.
2. Observing the price movement leaving behind Liquidity zones (Take Profits, Stoploss, and Retest areas) suggests potential entry points for selling opportunities.
3. A notable price reaction from a major H3 Order Block, coinciding with the Bullish Vertical Trendline, provided a robust Sell Confirmation.
Recommendation: Initiate a Short position on AUDUSD.
Manappuram Long
2024-08-12T05:04:52+00:00
Trading Idea:
Manappuram has completed its downside 2 Wave with a Zig Zag Correction. The internal movement within Wave A, B, or C suggests a breakout. Specifically, when drawing a trendline through internal 2 or 4 waves of Wave C, a breakout has been observed.