Aussie Kiwi is in a rising channel and has also hit a top trend line while also having a double top, waiting for a breakout and retest on the red line before entry.
hey traders, very peculiar trading setup on AUDNZD. after a strong selloff, the pair has stopped setting new lower lows and for the last two days, the market was coiling within a narrow horizontal trading range. if bulls violate the range, I will buy the pair expecting bullish continuation to higher structure levels. target levels will be T1 - 1.071 T2 - 1.073
hey traders, very peculiar trading setup on AUDNZD . after a strong selloff, the pair has stopped setting new lower lows and for the last two days, the market was coiling within a narrow horizontal trading range. if bulls violate the range, I will buy the pair expecting bullish continuation to higher structure levels. target levels will be T1 - 1.071 T2 - 1.073
Weekly: August bull trend broke in September, momentum in favor of bears with no signs of reversal. Is this the beginning of a downtrend or a minor correction? Daily: Price looking for its 3rd drive towards the downside. Lower high shown at 1.07800, AUDNZD nwo looking for its lower low, (2) tp's shown above, this is a long term trade with a potential drop...
aud nzd so far so good in profits :) my call from group for bounce did perfect! soon we will have oppurtunity to short down
Hi all, I believe AUDNZD will drop in price after a breakout of a trendline. Have fun all!
Tendencia Semanal Bajista, Rompió estructura alcista en 4Hr la cual fue retesteada para empezar a crear una estructura bajista en 1Hr, Las mechas en velas diarias muestran cansancio de compradores, Divergencia en el RSI diario
Hello Traders! We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for...
TG 1 = Very High Probability TG 2 = High Probability TG 3 = Medium Probability TG 4 = Low Probability
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.0630 would begin in Midterm. We will close our open trades, if the Midterm level 1.0630 is broken. Technical analysis: While the RSI support #1 at 53 is not broken, the probability of price decrease would be too low. A peak is formed in...
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.0630 would begin in Midterm. We will close our open trades, if the Midterm level 1.0630 is broken. Technical analysis: While the RSI support #1 at 53 is not broken, the probability of price decrease would be too low. A peak is formed in...
Trend: Up Timeframe: Daily -Price broke out of the upwards moving trend and could either be forming a new trend down or if current top support at 1.0712 holds then further continuation upwards may occur. -Stochastic is curling up, which may indicate further continuation in the short term. It should be noted that their is some bearish divergence on the daily...
aud/nzd need to go back to his resistance around 1.1000 We see an out side bar monthly(orange bar, that means it goes higher to his colour green) In a 4 hour chart I see a dragon fly, so it's definetly a buy oppurtunity.
AUDNZD has been trading on a long term 1M Rectangle (RSI = 52.038, STOCH = 48.673, CCI = 42.575, Highs/Lows = 0.0000) within 1.02350 - 1.13350 since March 2016. I recently broke the 1W MA200 (yellow dotted line) in a candle sequence that appears to be replicating the March 2017 pattern. This sequence (2017) followed with a strong rejection (on the second 1W...
Price has broken through the ascending trend line, after making a head on shoulders formation. price now is breaking through key level support with a strong bearish engulfing momentum candle through key level support / neckline. Will be watching for a slight pullback to retest broken support as new resistance, as price now looks ready for a new downtrend & has...
Double Top Formed, With a pinbar closing on the 8H timeframe. NZD has been getting destroyed for quite some time now, so even though this is counter-trend, I see good potential for a longer term swing
Will we finally see a correction of the bull run since August? AUD and NZD the two weakest currencies at the moment, in a bull run without any correction for over 1.5 months! 1.0830-1.0860 is a strong resistance for this level. If we continue up we could see a move up to the daily trendline and resistance around 1.10000 Expecting a correction this week to our...