AUDNZD has been in a downtrend over the past several days. The initial short trade was triggered by the bearish pin-bar that was unable to close past the highlighted area of support and resistance. Since then, price has gone forcefully down until yesterday where it formed a Bullish candle with long wicks in both directions. This candle formed in a previous area...
SELL after break and pullback to the blue area or trend line
Buy above 1.0491. Stop loss at 1.0430. Take profit at 1.0606. Reason for the trading strategy (technically): We look to buy above major support at 1.0491 (Fibonacci retracement, Fibonacci extension, long term horizontal support, bullish divergence) for a push up to at least 1.0606 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic...
AUDNZD has been relatively bullish and AUD/NZD has been beaten down Going long here because there are a confluence of 4 factors as follows: Confluence of: 1) Stalling at 78.6 Fib 2) Oversold on 1hr, 4hr and daily time frames 3) Trend Line support (trend line from Sep 2016) 4) Also 1.0470 area has held ad horizontal sup Normally I would like to see a price...
Audnzd buy Trend After 1.075 touch then big Move Up
audnzd one time again sell next target 1.075 with bearish engulfing
AUDNZD short. This is my view on the market not a signal for you. Do your own analysis before entry.
AudNzd on the daily time frame has broken the lower range. This can confirm that a new sell of is possible. I have also pointed out the next 3 support levels which can be used as take profits. Sell now and Sell the spikes. Stop loss at 1.0960. Which is a bit above last weeks high.
Two scenerio conform our view on Audnzd ,,,, First ,,he made elliotwave pattern and now in elliotwave corrective move B to C,,,C corrective move complete at 1.0700 ,,,, 2ND ,,,he maade ABCD Pattern ,,,From top 1.1000 to 1.800 and then according to bc retracement ,pair going to 1.0700 level........nzdusd also bullish ,,,,sell from 1.0950 and tp 1 is 1.0800 and...
Hi guys, here on AUDNZD price has recently created new structure low. Besides, there's no structure looking left until 1,0750. That's why i want to get involved in this trend continuation trade. As you can see, price is now coming back to retest previous support, which once broken could become resistance, and it's having some troubles getting beyond...
Hi guys, i want to explain to you why i'm going to short this pair if price pulls back a little bit more. As you may know audnzd -0.12% has been moving upward without interruption: both in the daily and 4hr chart Rsi is in overbought condition, and this tells us that market is overextended and there's maybe some room to retrace and let the trend breath....
Hi guys, for those of you who day-trade advanced pattern formations there's a Gartley pattern completing at 1,0904s on 15m AUDNZD chart. I'm already involved with this pair (see attachment) so i'm not taking this one, but i wanted to share with you anyway, Stops above X, targets as usual for pattern (better risk/reward ratio with such a deep Gartley). If you want...
Hi guys, for those of you who day-trade advanced pattern formations there's a Gartley pattern completing at 1,0904s on 15m AUDNZD chart. I'm already involved with this pair (see attachment) so i'm not taking this one, but i wanted to share with you anyway, Stops above X, targets as usual for pattern (better risk/reward ratio with such a deep Gartley). If you want...
The chart is self explanatory - The pair is in corrective trend. We see minimum 100 PIPS fall from 1.0640 level
Hi guys, i want to explain to you why i'm going to short this pair if price pulls back a little bit more. As you may know audnzd has been moving upward without interruption: both in the daily and 4hr chart Rsi is in overbought condition, and this tells us that market is overextended and there's maybe some room to retrace and let the trend breath. Obviously i don't...