Wanted to wait for price to hit a recent support zone and it looks like history shows that a pullback on the recent downtrend may be due at some point. Price could test the recent low again but we will see what happens. The targets for this trade is where the globes are (purple globes)
As per my last analysis on AUDNZD - (www.tradingview.com) I am still actively holding this trade NOW, given the fact that audnzd just struggled to breach this most recent low (purple zone) and decided to pull back upward - made me consider closing but patience If however, it struggles again to breach this low I'd close in profit Why? it is simple really,...
Good Morning guys, have this buy open on AUDNZD - it isn't the best trade and I don't really like trading this pair but there was a set up and I decided to give it a try Let me explain These are my confirmations\questions > Question 1 - Was AUDJNZD in momentum (bullish or bearish)? Yes, AUDNZD is in bearish Momentum currently Question 2 - Who is interested (at...
✅AUD_NZ D is set to retest a Strong support level below at 1.0590 After trading in a local downtrend from some time Which makes a bullish rebound a likely scenario With the target being a local resistance above at 1.0615 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅ AUDNZD started falling well from the 🔴 Resistance zone(1.0712 NZD-1.0686 NZD) 🔴 and the Resistance line and was able to break the Uptrend line . 🌊Regarding Elliott wave theory , it seems that AUDNZD finished wave 4 at the🔴 Resistance zone(1.0712 NZD-1.0686 NZD) 🔴 and is completing wave 5 . 💡The important point is that AUDNZD has lost the Support...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.0639, which is an overlap resistance. Our take profit will be at 1.0593, a multi-swing glow support level that aligns with the 161.8% FIbo extension. The stop loss will be placed at 1.0718, above the swing high resistance level. High Risk Investment Warning...
Hello,Traders! AUD-NZD keeps going down After the pair broke the Key horizontal level Of 1.0640 which reinforces Our bearish bias And we think that the Pair will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
AUDNZD is once again testing the key demand zone identified on the hourly timeframe. We anticipate a bullish reversal to occur, potentially leading to a revisit of the upper boundary of the established bearish channel.
There is series of LH & LL which shows a bearish trend, and we take a small SHORT ENTRY
Preferred direction: BUY Comment: The main competitors of the US dollar continue their recovery against the American currency and most likely this trend will continue. The accumulated volume allows currencies such as the New Zealand dollar to continue their current growth towards the nearest resistance levels. This level is 0.61500 , that is, for us...
Price reveresed back from the mid red line and wants to complete the head and shoulders pattern, where news starts. buying till tomorrow news and lets see if news will push the price back to main level to complete the pattern.
Hello Traders, Hope you all are doing good!! I expect AUDNZD to go Up after completing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
The strategy used for this script was intended to take advantage of mean reversions in trading. The big green triangle signals bullish divergence and the other buy signal indicated a mean reversion detected. Along with basic chart analysis we can confidently take a long position here and I'm targeting a fill of the FVG(fair value gap) just overhead. First point of...
✅AUD_NZD has retested a key resistance level of 1.0700 And as the pair is already making a bearish pullback A move down to retest the demand level below at 1.0651 is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Preferred direction: BUY Comment: Despite the short-term and medium-term bearish outlook for the US dollar , the USDJPY currency pair will still remain a buy-priority, most likely in the long term. In the very near future, the instrument will most likely go for a correction, but you should not count on too deep a downward movement. The medium term for this...
Preferred direction: BUY Comment: Today is a very important day for the current week, since the publication of data on the US CPI is expected. Against this background, most majors retain their buy priority, and especially the Australian dollar continues to look up in the medium term. At the very moment of publication of CPI data, of course, anything can...
AUDNZD chart currently shows the formation of AB=CD patterns , indicating a Potential Reversal Zone (PRZ). Additionally, there is a hidden bullish divergence, confirming a bullish trend. Both indicators collectively suggest that the trend has shifted to an uptrend. In technical analysis, an AB=CD pattern is a harmonic pattern used to identify potential reversal...
📈 Overview: AUDNZD, previously bearish, now displays bullish divergence with the formation of the first higher low and higher high on the 1-hour timeframe. Market sentiment at 94% long adds strength to the reversal signal. 📊 Technical Analysis: Bullish divergence, coupled with higher lows and higher highs, indicates a potential trend reversal. 📉 Market...