Get started

Aud-nzd

Bearish movement coming on AUDNZD by ThinkingAntsOkMain items we can see on the chart: a) The price has reversed from a major resistance zone b) After the initial movement and the breakout of the Ascending trendline a Corrective structure was formed c) Currently, we can see a corrective Structure composed by an ABC pattern (also we can expect an ABCDE Pattern) d) If the corrective Structure is broken with a bearish movement we expect a continuation of it towards the next Support Zone DAILY CHART:
by ThinkingAntsOk
4hs analysis on AUDNZD / Short Direction, by ThinkingAntsOkMain items we can see on the chart: a) The price reversed from a well-tested resistance zone b) Following the idea of what happened in the past, we developed a scenario in which the price goes towards the support zone c) If the price breaks below the lower low, we will consider a confirmation of the bearish movement d) You can wait for a clear structure on the zone (ABC pattern), or you can wait for the price to reach the activation zone, and look for corrections on the 1H chart
by ThinkingAntsOk
Don't miss the great buy opportunity in AUDNZDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0673). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDNZD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 66. Take Profits: TP1= @ 1.0727 TP2= @ 1.0751 TP3= @ 1.0778 TP4= @ 1.0828 TP5= @ 1.0880 SL= Break below S3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
25
Don't miss the great buy opportunity in AUDNZDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0673). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDNZD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 66. Take Profits: TP1= @ 1.0727 TP2= @ 1.0751 TP3= @ 1.0778 TP4= @ 1.0828 TP5= @ 1.0880 SL= Break below S3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
32
Bearish Movement Expected on AUDNZD by ThinkingAntsOkMain items we can see on the 4HS chart: a) The price has reversed from a resistance zone b) The previous support zone has been broken c) That confirmed us a new bearish movement towards the next Support zone d) We can see in the past a similar situation from current levels and we expect the price to replicate the movement. e) You can use the previous situation to look for Similar corrective Structures so you can develop short setups.
by ThinkingAntsOk
AUDNZD Two Scenarios by ThinkingAntsOkMain Items we can see on the chart: a) The price has faced a resistance zone and now we are observing a reversal movement b) The current level is a critical zone because this reversal movement can be either a correction for further bullish moves or the beginning of a new bearish trend c) SHORT SCENARIO: If the price breaks below 1.06 the next bearish target will be 1.03 d) LONG SCENARIO: If the price breaks above 1.09 the next bullish target will be 1.11
by ThinkingAntsOk
AUDNZD SHORTNow hear me out. Ill be monitoring price action on the 4h timeframe for entry. This is a swing trade as you can understand. The break of the uptrend has started and its forming LH and LL so we cant look for buys as of yesterday. You can see the wick rejections on the top levels indicating double tops. RSI is overbought and we have divergence at those DT levels. Now all we need to do is to allow the market to give us and opportunity to enter with small range on the SL of course. How we are going to do that? Well we will look at wick rejections on the most recent levels that are to be created on the 4h Timeframe (I use 4h to be sure of the movements) and then we will take the trade. I aim for 1:3 RRR always on my trades. Once they reach 1:1 R ill close half of the position and place SL at BE and let the rest run for dear life. I hope you see value in my analysis thanks for taking the time to read :D :muscle::moneybag:
Short
by dimitrisbetfx
1
AUDNZD going for M- or H&S?!Hi all, For more stuff find me on telegram: t.me/FXT_TL. Sharing my thoughts on the AUDNZD pair for the upcoming week(s), no entry yet. What oppurtunity do we have on this pair? well let me tell you: We have created a M-pattern wich is giving us information that we might want to go down. Also we might see the H&S pattern being created like shown, wich in the end also tells us we want to go down. So, keep monitoring price action, looking for shorts, but not quite yet. Do you find my information valueble than please start to follow me or join the telegram group: t.me/FXT_TL.
Short
by FXT_TL