AUD, NZD & CAD: No surprise for the CAD to see the biggest net long positioning change among the majors, moving into second place below the EUR. The fundamental outlook for the CAD remains intact after the BOC’s recent hawkish tilt. However, it seems like the BOC has taken notice of the rapid CAD appreciation and have fired a warning shot last week and given...
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Just wait for Triple botom ( Maybe ! ) ' Please trade responsibly '
aud nzd broke out 4 hour resistance now hourly has double bottom with support range locally I will take a long from here to the next major 4 hour resistances
AUD NZD Up after break of resistance with retest of range. I expect up to next major 4 hour resistance. We have plenty of hourly supports and nice 4 hour support for push up from these levels.
aud nzd breaking the resistance Now we have a retest on the 4 hour range with the ema supports on the 4 hour to push to the next resistance. Hourly we have the support we need and a support range double bottom to indicate uptrend from here. Let's long from here.
Prices are facing bullish pressure from ascending trendline support, in line with horizontal swing low support, 61.8% Fibonacci retracement and 78.6% Fibonacci extension . Prices might push up towards horizontal swing high resistance which coincides with 78.6% Fibonacci extension . If prices push down further, prices might take support from horizontal swing low...
Prices are facing bullish pressure from ascending trendline support, in line with horizontal swing low support, 61.8% Fibonacci retracement and 78.6% Fibonacci extension. Prices might push up towards horizontal swing high resistance which coincides with 78.6% Fibonacci extension. If prices push down further, prices might take support from horizontal swing low...
Welcome to our weekly trade setup ( AUDNZD )! - 1 HOUR Small pullback towards previous sr level. 4 HOUR Break below main level. DAILY Expecting more downsite pressure. - FOREX SETUP SELL AUDNZD ENTRY LEVEL @ 1.07820 SL @ 1.08160 TP @ 1.07300 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to...
AUDNZD tested twice the support area at 1.07200 creating a perfect double bottom. According to Plancton's strategy if the price will break above we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h...
Hi All, looking at the chart we still inside the descending channel and it now looks like wave 3 of the descending impulse is underway!. Entry and SL marked. Many Thanks
AUD, NZD & CAD: A solid week for the CAD in terms of price action means the biggest increase in positioning among the majors should not be a surprise. The BOC’s hawkish tilt has put the CAD in pole position for the bullish currencies among the majors, and as long as policy normalization continues, and the data stays positive and Oil prices remain buoyed that...
AUDNZD has set up a perfect in trend bullish engulfing setup. If price pulls back to the 50% area i'll be looking to enter there for a sniper entry. Buy stop trade currently activated. Confluences: Higher high Higher low Real bullish engulfing Lower bollinger band outbreak TP set at previous highs close. SL set 5 pips below bullish engulfing low.
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price is inside ASCENDING CHANNEL and also broke its TRENDLINE RESISTANCE. One can go long. Let us know your views on this in the comment section. Thank you all. There is good news...
Currently doing a flat corrective pattern. Two possible scenario: running flat or expanded flat. This move is preparation for a much bigger move( 3rd wave)
See Signposts for key price action details.