The pair is on a strong bullish leg since the March 19th bottom on the 1D chart (RSI = 68.147, MACD = 0.007, ADX = 52.319). However on the wider 2 year scale this is just the Lower High leg within a long term Channel Down. This bullish leg pushed the 1D RSI inside the Resistance Zone (which always delivers a drop) for the first time since September 2019. This is a...
A clear Head And Shoulders formation was made on the 30 Min chart of the AUDNZD. The neck-line of that chart is represented by the blue line and as you can see it is already broken. Take in consideration the broken bullish trend line, which support our bearish view for the pair. Our entry will be right after a clear close below the 1.04900 targeting the 1.03500...
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair broke its rising wedge and started falling down. One can take a sell signal. Let us know your views on this in the comment section. Thank you all. ...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.0531). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDNZD is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.0531). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDNZD is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
Audnzd was rejected from monthly roof cam R4 and from the the top of regression channel. And if we consider previous breakout structure the projected move becomes pretty clear. I needed to check this as this thing correlates with EUR and AUD. I would look for short setups on minor timeframes when price gets below yearly pivot (red line). This is no financial...
Hey guys, According to my analysis, the pair just broke a support level indicating it could go lower. I am selling the pair and will take my profits at the previous highs around 1.04620. Check out my previous ideas (below) and if you like my work please show some love :-) Trade with care. Best, Jesse
Only entering on 4hr price action confirmation use appropriate risk and trade management
Hi there. Price is moving impulsively to the downside and on lower time frame is forming a continuation pattern. Watch strong price action at the current price for sell.
Guys look at this AUDNZD looks tired going up and the waves looks so clear ? I'm shorting from 1,0620 expecting 1,05 and 1,0440 :)
Price is reaching our sell entry in line with our 127.2% fibonacci extension and 76.4% fibonacci retracement where we could be seeing a reversal below this level. Hope you guys find this useful and please leave a comment on what currency pair you'd like me to analyze next too!
Price is reaching our sell entry in line with our 127.2% fibonacci extension and 76.4% fibonacci retracement where we could be seeing a reversal below this level. Hope you guys find this useful and please leave a comment on what currency pair you'd like me to analyze next too. I will be publishing the written version as well, so do keep a lookout for that!
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair is currently at the support of both the trendline so one can wait for the price to close below the support line or bounce back Let us know your views on this in...
This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Good Luck!!!!!!!!!!!
Got a few confirmations of a short here on AUDNZD. First the Supply zone rejecting 3 times forming a bearish Expanding Triangle and Head & shoulders Formation. On Top of the double pattern set up I have a Divergence, drawn in green, on the RSI indicator. Main thing to wait on or watch out for is the uptrend to break or if the supply zone does not hold the H&S...
AUDNZD buy stop 1.01658 SL 1.00527 TP 1.03916 R= 113.1 pips Si el precio llega a 1.02792, mover SL a 1.01887
RSI , MACD low hi.. My stop : 1,03823 Target : 1,02900