AUDNZD Buy SignalPattern: Channel Down on 1D.
Signal: Bullish as the Channel Down broke upwards following a rebound on the 1D Support.
Target: 1.07000 (just below the 1D Resistance).
Aud-nzd
AUDNZD break n retestAUDNZD has broken out of the bearish trend channel.
Now we are waiting for a retest at our support and resistance zone.
Wait for a rejection and keep an eye on the candle formations.
AUDNZD #Forex #ForexTrader #ForexTrading #ForexChartsAt bearish channel resistance shorting opportunity
Don't miss the great buy opportunity in AUDNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.04517). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 1.0545
TP2= @ 1.0630
TP3= @ 1.0720
SL= Break below S2
Don't miss the great buy opportunity in AUDNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.04517). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 1.0545
TP2= @ 1.0630
TP3= @ 1.0720
SL= Break below S2
There is a trading opportunity to buy in AUDNZDMidterm forecast:
While the price is above the support 1.0275, resumption of uptrend is expected.
We make sure when the resistance at 1.0630 breaks.
If the support at 1.0275 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.0360 to 1.0275). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.0360)
Ending of entry zone (1.0275)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 1.0430
TP2= @ 1.0490
TP3= @ 1.0585
TP4= @ 1.0660
TP5= @ 1.0760
TP6= @ 1.0850
TP7= @ 1.0990
TP8= @ 1.1140
TP9= @ 1.1335
TP10= Free
There is a trading opportunity to buy in AUDNZDMidterm forecast:
While the price is above the support 1.0275, resumption of uptrend is expected.
We make sure when the resistance at 1.0630 breaks.
If the support at 1.0275 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.0360 to 1.0275). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.0360)
Ending of entry zone (1.0275)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 1.0430
TP2= @ 1.0490
TP3= @ 1.0585
TP4= @ 1.0660
TP5= @ 1.0760
TP6= @ 1.0850
TP7= @ 1.0990
TP8= @ 1.1140
TP9= @ 1.1335
TP10= Free
AUD NZD BUY (AUSTRALIAN DOLLAR - NEW ZEALAND DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
Sell to yearly S1AD line is very bearish on weekly. Price was pushed down from yearly, then down from monthly and then down from weekly pivots. Stop can be placed above monthly pivot. Targets after pivot supports.
audnzd trade planbullish butterfly. the prz zone of butterfly is very close to triangle target and also is in the support zone for 4H chart
Don't miss the great buy opportunity in AUDNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.0419). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 1.0488
TP2= @ 1.0545
TP3= @ 1.0720
SL= @ 1.0375
Don't miss the great buy opportunity in AUDNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.0419). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 1.0488
TP2= @ 1.0545
TP3= @ 1.0720
SL= @ 1.0375
AUDNZD - FOREX - 22. JULY. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
-
1 HOUR
Bearish market open and price action.
4 HOUR
Very bearish market scenario with several breaks to the downside.
DAILY
Bearish waving market at its support now, expecting some bullish pressure now!
-
FOREX SETUP
BUY AUDNZD
ENTRY @ 1.03880
SL @ 1.03540 (35 Pips)
TP @ 1.04460 (60 Pips)
RR: 1.70
Use 1% risk per Position!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUD NZD BUY (AUSTRALIAN DOLLAR - NEW ZEALAND DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
AUDNZD - FOREX - 17. JULY. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
-
1 HOUR
Bearish price action and pressure.
4 HOUR
bearish waving market with several pullbacks and spikes.
DAILY
Very bearish market strucuture found its support and need a pullback now!
-
FOREX SETUP
BUY AUDNZD
ENTRY @ 1.04310
SL @ 1.03960 (35 Pips)
TP @ 1.04900 (60 Pips)
RR: 1.70
Use 1% risk per Position!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUD/NZDTimeframe: Daily
Trend: Down
Look for a continued short to the 0.786 level (1.0378). Pullback at that level may occur before continued downtrend.
Free trade ideas and education telegram: t.me/forex_ideas
Bullish pattern formation on AUDNZDBullish pennant formation on AUDNZD. An upside break is favoured on this setup with a target at 1.08500
forexTrdr AUDNZD- SHORT SQUEEZE COMPLETED- TIME TO FALL BACKAfternoon traders,
Looking at another great setup this time in Aussie Dollar versus New Zealand dollar which spiked overnight as the Aussie central bank cut rates but then indicated that was them finished cutting rates causing a short squeeze in this pair up towards the 100 day moving average around 1.05 where it has lost steam in moving higher.
Having watched this pair since the London open to see if it is finished squeezing higher we now see it as a great time to enter a short looking for the pair to pull back to yesterdays 1.0420 area and potentially lower.
Our trading view highlights the descending trend line that has held and the overbought nature on stochastics both making this a great level for entry and a clean trade to understand.
Follow us on tradingview under forexTrdr to get our sample ideas free and immediately - its free to setup a profile and the charting tools and software is easier to use than Meta trader and most broker platforms.
Good luck trading
from the Team at forexTrdr
