AUD/NZD presents a fantastic short opportunity on the Weekly chart. A pin bar formed at major resistance, although there are some trouble areas closer to CMP than the target area.
Major structures on chart for you to trade happily ever after! Cheers! ______________________ Contact me for TRADE SIGNALS : InsideMarketFX@gmail.com / Skype: @insidemarket168
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Currently Bullish on AUDNZD. I see a reverse head and shoulders on the Daily with strong Bullish Closes in the recent days. Price had no problem breaking to the upside on the descending penant. ABCD in play so far. On the break we can confirm the D leg and hit about the ~1.167 level. -Safe trading and Best Regards
Pain free targets on our Kiwi trade from last night however we're now faced with an interesting dilemma as we inch closer to our bearish Cypher Formation completion point at 6793. In last night's video we looked at a handful of potential opportunities, but took a closer look at NZDUSD. Not only did we have the bullish Gartley Formation, but when doing our...
After the previous bull gartley pattern completion and reversal, price moved up and bounced of off a major weekly trendline (purple). The gartley pattern also helped set up a consolidation wedge. This is looking like a set up for another retest of the bottom of the wedge. Projected target 1 and 2 0.6502 and 0.6405 levels.
Inside trading for the masses! Trade Plan : Happy days! WARNING : this trade has already been performed and any further trade plan must be done considering the new reality.
There's a nice wave forming and honestly, I don't have a clue which directions it will go. My preference is a move to the upside. Those lines are the critical levels (structures) and they can be used to buy or sell, just depending on the risk/reward. Happy trading!
If NZDUSD breaks support, trendline and 50 EMA then a short to 0.64 could play out nice
Look at the annotations, all the info is in there! Best of trading and good luck everybody!
We have entered a correlation trade between AUDUSD and NZDUSD this evening. The weaker than expected inflation numbers in New Zealand is causing the Kiwi to selloff while the Aussie hangs strong against the US Dollar. This news has given us an opportunity to go Long NZDUSD while Shorting AUDUSD. The current spread is approximately 120 Pips on the hourly chart. ...
Any break of structure (channels) may trigger bullish euphoria. Happy trading!
Bearish PA: Tweezers at Desc. TL Rejection also CTL retest Tweezers also occurred at a daily 61.8% fib bounce level Pair has been in down trend for some time and after a short burst up formed a double top and has started putting in lower lows and lower high's.
Some directions with Rate of Change indicator. Happy trading! ____________________________ SUBSCRIBE to my TRADE SIGNALS with 15 DAYS of FREE TRIAL. Suitable for all traders. Please, contact me via Private Message, Email (insidemarketfx@gmail.com) & Skype (@insidemarket168).
A zoom into the wave. Happy trading! ____________________________ SUBSCRIBE to my TRADE SIGNALS with 15 DAYS of FREE TRIAL. Suitable for all traders. Please, contact me via Private Message, Email (insidemarketfx@gmail.com) & Skype (@insidemarket168)
Trend is down, a bearish patterm shows up...I'll take it.
I think a move up is very unlikely. For reversal, only if C wave completes. Happy trading! ____________________________ SUBSCRIBE to my TRADE SIGNALS for a 15 DAYS of FREE TRIAL. Suitable for all traders. Please, contact me via Private Message, Email (insidemarketfx@gmail.com) & Skype (@insidemarket168)