Aud-nzd
AUD/NZD reaching resistance, potential drop! | 17 April 2020Price is reaching our sell entry in line with our 127.2% fibonacci extension and 76.4% fibonacci retracement where we could be seeing a reversal below this level. Hope you guys find this useful and please leave a comment on what currency pair you'd like me to analyze next too!
AUD/NZD approaching resistance, potential drop! | 17 April 2020Price is reaching our sell entry in line with our 127.2% fibonacci extension and 76.4% fibonacci retracement where we could be seeing a reversal below this level. Hope you guys find this useful and please leave a comment on what currency pair you'd like me to analyze next too.
I will be publishing the written version as well, so do keep a lookout for that!
AUDNZD AT SUPPORT LEVLEHello 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 the analysis.
As we can see that the pair is currently at the support of both the trendline so one can wait for the price to close below the support line or bounce back
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
AUDNZD Price is hitting a strong resistance levelThis is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
AUD/NZD Short Idea 100 PIP potentialGot a few confirmations of a short here on AUDNZD. First the Supply zone rejecting 3 times forming a bearish Expanding Triangle and Head & shoulders Formation. On Top of the double pattern set up I have a Divergence, drawn in green, on the RSI indicator. Main thing to wait on or watch out for is the uptrend to break or if the supply zone does not hold the H&S pattern is busted and my entry is off a little. I still have multiple confirmations without the H&S so I will hold until my Stop Loss is hit. ALWAYS USE PROPER RISK MANAGEMENT.
AUDNZD technicaly based forecast
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I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support
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💡 AUDNZD technicaly based idea, technicaly indicators showing we can expect higher bulish market continuation, we can see strong bulish candels formation, technicaly expecting to see push in price till FIBO 1
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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AUDNZD-Short (UPDATE/FORCAST!!)Steady stair step ascending wedge patteren
Price broke through support channel
Signal 1- Heavey seller momentum at (1 Apr '20 08:00)
Signal 2- Followed by several red candles closing bearish on 4H chart
Tp1- 1.01182
Tp2- 1.00228
UPDATE!!
Retracement reacting to support>>> New resistance
Excpecting one or two small retracements before bearish move.
Holding position over the weekend
AUDNZD: Potential Breakout Trade
AUDNZD tests a key structure resistance one more time this week.
once again being rejected, it looks like chances are high that the market will soon return to its long term bearish trend.
for confirmation, I will be waiting for a bearish breakout of a rising trendline on 4H chart
(we need at least 4h candle close below)
then we can short the pair expecting a continuation to 1.016 / 1.004
in case of respect of trendline and new higher high higher close, the setup will be invalid
and bias switches to bullish.
AUDNZD LONGThe AUDNZD will be making its way upwards as the main Support has been reached and price has shown signs of struggle in getting past the level. A trend reversal pattern is about to form and when that does its a good buy to risk 204pips in pursuit of 540pips. Another 540pips for Target Profit 2.
Strictly for swing traders.
Also note that viewing the chart from the Weekly time-frame, you will discover the whole time the price went below the Support Level, it was mainly the Weak.