Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Well, in my perspective the price can see a lower price, at least to the bullish order block, if the price reaches the order block, we should study the price again so that we can see bullish signs or we can expect a lower price under a liquidity pool. 💡Wait for the update! 🗓03/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDNZD (4H) has formed a very strong bearish price action on the lower timeframe. there is a strong reversal pattern with support break on the 4h. it is a high probability that AUDNZD will continue to drop as the price has already reach a monthly resistance a deeper retracement is required Press the like button if you enjoy this content :)
AUDNZD has formed a head & shoulder on the resistance after breakout and retest. In the big picture, AUDNZD is likely to drop to at least to monthly 38.1% fib level as the market is over-extended to the upside. Upon price action confirmation, a sell trade is highly probable. Thank you for visiting the idea, give a thumbs up if you enjoy the content!
Here is my view for AUDNZD on D1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUD/NZD pauses four-day bullish streak, outlook remains bullish The pair has shown a decisive breakout on sloping channel pattern, scope for further upside. MACD and ADX support further upside in the pair. Chikou span is biased higher.
AUD/NZD has snapped downside of two days and is poised for upside resumption. Close above channel top will support further gains in the pair. Next major hurdle lies at 110-month EMA at 1.0893.
We have to wait till the market break the Liquidity then we can expect to sell from the Daily Supply. If the market continuously drop then we will consider to buy from the Daily Demand.
entry as on chart Stoploss: 1.04073 (-7 pips) Good Risk reward ratio. good luck and trade safe
I'm still looking for my second entry buy position.
AUDNZD is setting up for a long. The double bottom is at 1.043 area. The 1.272 reversal of the last swing higher is in the same area. As of now the market is just above the double bottom and having reached an area of reversal with three confluences. 1. A 1.618 reversal taken from the low on 27/05 to the high 21/06 (red) 2. Market has reached a measured move...
On the AUDNZD daily time frame, we see Ausi Dollar is seeking against NewZealand dollar it's already clean break out MA 200 on the weekly chart too. We expect the fall will continue to rally and meet its last lower low in the upcoming days.
On 1 hour timeframe Audnzd recently broke the descending channel and currently in a Subminuette-v within Minuette-i. I'll be looking for slight correction, maybe near 50% fibo level to complete Minuette-ii. Then I'll be waiting for a convincing impulse back up. Since it is Minuette-iii, I like to keep my target near 1.618 extension which is also a daily...
AUDNZD has been making strong bearish movement for 3 weeks. But recently the market is shifting from bearish to bullish. We can see on 4H that the market is consolidating. And today the market broke the consolidation but we have to see close above the consolidation level on 4H. So, if the market closes above the consolidation level then on the retest of that...
BUY @1.07168 STOP LOSS @1.06647 TAKE PROFIT @1.08322 TRAIL @1.06908
HI The AUD/NZD has reacted to its support level and will move upwards. HAVE A GOOD DAY.