This pair has been stuck in a range between 1.105 & 1.055 for nearly 2 years and has just broke out of the short term resistance @1.095 The next logical move now is for the pair to test the top of the 2 year range above 1.10 and as it does this is where I will be looking for SELL setups. The daily chart below gives you a clearer picture of the 2 year range and...
The New Zealand dollar will soon start a downward trend in the 4-hour time frame. which is to complete the D wave piece from a triangle on the edge
When we look at the chart we can see that the price is closing into a resistance zone. What I want to do now is trade here and go short for a small trade. Looking to only risk about 0.5% as this is a great risk reward trade but we can also see that in the past the price did already break this zone and went up. If that does happen now than we can just wait and see...
This chart shows a bearish trend as it make a Rising Edge as it has Divergence . Entry Point(sell stop):1.09750 Stop Loss:1.10275 Lot Size:1.47 Lots TP1:1.0922 TP2:1.0870
1.087 would be my target level. 1.11 stop out level
AUD/NZD Poised to Ride the Bullish Tide: A Technical Perspective AUD/NZD was developing a large corrective "Wedge Pattern" for about 18 days. The top of the pattern was reached on 01-April-2024 at 1.0955 The bullish breakout indicates further growth during the coming days as shown in the chart. The first and the strongest areas will be found near the top of...
I am going bullish for AUD/NZD, Price has sweep my liquidity zone
Good Day everyone, here is an idea for a Long opportunity! Price has reach EMA and we will expect the price will continue going up. Long now for a good 1 to 2 RR. May -1 so far JAN (6R) FEB (1R) March (-7) April(-1)
AUDNZD is making higher highs and higher lows. it is in bullish trend. now it is making rising wedge pattern and creating divergence
✅AUD_NZD is trading in a Strong uptrend and the Pair has crosses a key Horizontal level of 1.0942 And went further up Which reinforces our Bullish bias and makes us Expect a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H1 & H4 time-frame - Price action is close to a Supply Zone (Blue Area) & has Resistance Trendlines around - Aiming for the 38.2% Fibo retracement to TP Fundamental Confluences for Trade: - Nothing much can dictate the movement of this FX pair as they are heavily trade-related. Any...
Hello traders, I just want to draw your attention to this pair. I do want to see a drop in price to the FVG after price runs the CRT or swing high. Keep this pair on your radar. Cheers, Jabari
AUD/NZD Poised to Ride the Bullish Tide- Update I posted AUD/NZD analysis 3 days ago and as you can see the price reached the first target. The price managed to develop above our structure zone thus raising the chances that it can extend more to the other target zones as shown in the chart. The price will face a strong resistance near 1.1000 and if that zone...
Potential selling opportunity for AUDNZD. The market is currently showing some sort of resistance at current zone. We could possibly see see sellers coming in based on what price action is telling. Feel free to share your views
AUDNZD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
AUDNZD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell AUDNZD Entry - 1.1015 Stop - 1.1049 Take - 1.0959 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Possible buy on AUD/NZD, Today's BIAS FOR AUD/NZD is a buy for me, going long because of the extended liquidity sweep.
TOPDOWN Analysis** Week 7 Dimension Analysis Time Frame: H1 1: Swing Structure: Bullish** 🟢 Structure Behavior: BoS 🟢 Swing Move: Corrective move seems to start so that why we'll wait impulsive move ↪️ 🟢 Inducement Awaited (will update once done) ⛔ 🟢 Pull Back: 1st pull back after the BOS so this consider a powerful pullback and deep one ☑️ 🟢 All the...