In my view, AUDNZD will be bearish the following days. The market has recently reached a major trendline and we see a clear rejection + dodji formations. + note RSI divergence I think that the pair will drop at least to 1.07 & 1.06 stucture levels.
Midterm forecast: While the price is above the support 1.0660, resumption of uptrend is expected. We make sure when the resistance at 1.0850 breaks. If the support at 1.0660 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 1.0660 is broken. Technical analysis: A trough is formed in...
Midterm forecast: While the price is above the support 1.0660, resumption of uptrend is expected. We make sure when the resistance at 1.0850 breaks. If the support at 1.0660 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 1.0660 is broken. Technical analysis: A trough is formed in...
Market closed with hammer daily candle. it means price wants to test 1.082 again. if we see weakness in that level again, we can open short posision with thigt stoploss and good profit. I personaly put buy stop order in 1.085. because if it breaks the green line, trendline will break too and its start of upward trend. Feel free to ask questions Thank you for...
It is a swing trade by good signals as shown in chart Enjoy Weekends ;) feel free to ask questions Thank you for reading and leave your comments if you like.
AUDNZD sell stop 1.08171 SL 1.08549 TP 1.07415 R= 37.8 pips Si el precio llega a 1.07792, mover SL a 1.08096
Watching for sell on 15 min timeframe. P Price action in this area indicates reversal, although candles are not huge because this pair moves slowly. Would like to see clean break and correction on 15 min to trade the next leg down.
I hope you do read the chart. The picture tells the whole story. By the way, Australia's actual import/export/trade data was published better beyond the forecast and previous on morning. The choice is your's pals think wisely to choose the position in any on highly probability direction.
ENTRY: 108.100+- TP1: 107.800 TP2: 107.600 SL: 1.08350 Chart time frame - 4h Time for reaching TP - 3 - 48h Follow, Like, Share or Comment Thanks on supporting! All best!
I´m looking for a sell in AUD NZD! We are sitting on a strong resistance zone and have to H4 PInbar Candles. Another confirmation for the setup also is the resistance of the channel. Risk to Reward for this setup is a 1:2.5
My idea AUDNZD before this one ENTRY: 1.07400 TP1: 1.07700 TP2: 1.07900 SL: 1.07100 Chart time frame - 4h Time for reaching TP - 3 - 48h Follow, Like, Share or Comment Thanks on supporting! All best!
If break white circle, can used for confirmation of trend reversing. ENTRY: 1.08000 TP1: 1.07700 TP2: 1.07400 SL: 1.08250 Chart time frame - 4h Time for reaching TP - 3 - 48h Follow, Like, Share or Comment Thanks on supporting! All best!
The pair is on a 1D descending channel (RSI = 54.741, MACD = 0.001, Highs/Lows = 0.0000) that made a Lower High last week but we expect to break higher due to the larger 2 year formation on 1M which is a Descending Triangle. This calls for a Lower High within the highlighted zone (red) before a deeper decline towards the 1M Support. Our target is 1.05000. **...
Bearish Arguments 1. At EVRT it got rejected many times which is also Previous RFSB ( ND+SB) which is acting strong Resistance. 2. Bull trap + SLKT on a 4H timeframe towards the ND+SB 3. Supply entered and ND signs. 4. SFDB is showing no strength to hold the supply. High chances of SFDB failing. An SLKB might give bullish impulse but how strong we have to wait...
The AUD/NZD on the hourly time frame has been following a downtrend recently. The price dipped below the key level of 1.07000 on 22 October to reach the lowest level of period under study at 1.06818. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. The price action in the currency pair is mainly driven by the recent...
The last trade on AUDNDZ went phenomenally well! Now I am trying to catch one more bounce from the identified zone of supply. Those we see a formation of dodji and nice rejection I am waiting for rsi to be oversold with divergence. And only then will take action. However, stop will go strictly below the zone: 1.066 Target levels will be: 1.072 1.075 If you...
Higher TF imbalance was filled with IC, then we see a clean 2H imbalance. Play this mitigation with an objective goal at equal lows.