AUDNZD bearish idea, right now price in a bullish trend as it's printing higher highs and higher lows, there is RSI divergence so possibly there is a chance of pullback, our entry plan at the break of last higher low, stop loss and target price mentioned on chart.
Based on EMAs I think we will have a short-term bearish time
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...
Possible buy on AUD/NZD, Today's BIAS FOR AUD/NZD is a buy for me, going long because of the extended liquidity sweep.
Audnzd is in bearish tend as it printed double top and also divergence shown
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
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?
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...
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...
AUD/CAD Long Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. AUD/NZD Short Minimum entry requirements: • 1H impulse down. • If 2 touch 15 min continuation, 5 min risk entry within it.
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...
Hi Traders ! Previously, The AUDNZD Formed a Bullish Double Bottom Pattern. The Price Broke The Resistance Level (1.09557 - 1.09392). This Key Level Becomes a New Support Level ! So, I Predict a Bullish Move 📈 ------------- TARGET: 1.10000🎯
AUDNZD Stable Uptrend Trend Continuation Trade 1. Weekly Uptrend 2. Strong bullish momentum candles 3. Important news coming on Thursday (Balance of Trade for AUD) 4. Price above 200 MA 5. Price above 2 MA's 6. Structure HH-HL-HH-HL 7. 2% Risk - 4 x 0,5% with different stop loss placements, same take profit. 8. R:R min. 2,55:1, max. 10,4:1 9. Exit on structure...
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...
Price Flow Strategy FLOW (Monthly/Weekly/Daily): Flat flow(4hr/1hr): up i-Flow: The intention is balance the sell in my opinion entry(15min/5min): Always Set Stop Loss Disclaimer: Follow your plan and risk management. this might or might not work Tip: Be patient and le the trade show before you act.
Monthly: - Selling zone tapped Weekly: + LCC + ZONE *Weekly reversal trade after a big bullish push. Bearish engulfing candle shows us that bears are present at that region Daily: - Natural W + H&S (Pattern in Pattern) - IC as S&D zone - H&S already played out, first continuation after reversal has formed (most powerful) *Price is reacting on D 61.80...