SLO @ 1.0800 ⏳
SSO @ 1.0780 ⏳
TP1 @ 1.0750
TP2 @ 1.0710
TP3 @ 1.0670
BLO @ 1.0600 ⏳
— I'm anticipating the possibility of a DT
— Let's see if we can catch it
Preferred direction: SELL
Comment: The US dollar continues to put pressure on the Australian dollar, namely, the squeeze to the level of 0.63750 most likely indicates the seller's intention to continue falling prices. The downside potential is located at the levels of 0.63500 and 0.63000.
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Hey Traders, in today's trading session we are monitoring AUDNZD for a selling opportunity around 1.08 zone, AUDNZD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the trend at 1.08 support and resistance area.
Trade safe, Joe.
Here is my analysis for AUDNZD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Risk 0.5%
TP1 = 1:1 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A...
Preferred direction: SELL
Comment: To date, one of the most prone to falling currencies. This pair has broken through significant daily supports and now the downside potential for the pair lies at the level of 0.62000. The current deal is more conservative and the target is seen at the level of 0.64000.
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AUDNZD is trading at strong sellers area.
sellers are having multiple selling confluences in this area as there is rejection from long term bearish trendline as well as there is horizontal resistance level.
Will the bears attack these area and push the price to even lower?
Hey Traders, in tomorrow's trading session we are monitoring AUDNZD for a buying opportunity around 1.07900 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.07900 support and resistance zone.
Trade safe, Joe.
Welcome back! Let me know your thoughts in the comments!
** AUDNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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After the trendline break, we saw how it flipped from the resistance to the support. At the same time, price held strong near the 61.8% Fibonacci support, and we are taking this opportunity for the nearest Fibonacci resistance.
Here is my analysis for AUDNZD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello hustlers.. This is trend change trade . Use good trade management only thing important in Trading is how you manage your trade... FROM 1:4 RISK REWARD RATIO... Enjoy...
#AUDNZD is just holding a daily support where we strongly believe that the price may retest a deeper level of support to accumulate more liquidity and buying pressure before a retracement. By any chance if the daily support holds stronger, we may not see a downside momentum in the future.
Huge TL Liquidity Build and MSS also There. Market Induced Early Buyer to Build Internal Structure Liquidity. Lets Expect Price to Come to Tap Our POI Zone.
Wait for MSS (Market Structure Shift) on M5/M15
Then Enter!
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** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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