AUD/NZD broke out of a descending Trendline and formed a Gartley Pattern. In my Opinion this Pair should rally to the upside in the next few Days/Weeks. I'll enter a long Position after a breakout on a lower Timeframe. TP's and SL are shown in the Chart. Always follow your Plan, Daniel Likes and Comments would keep me motivated.
Direction of trade depends on the Daily candle's close and tomorrow's daily candle open. 2 possible outcomes. -AUD GDP being released in 2 days -AUD interest rate decision tomorrow. Direction will be seen in about 2-3 days.
I'm chasing this guy since previous correction. Furtunetely, it hitted my TP before the down trend but, now I think it's over of the downmove and a long trend will start.
Here we have a nice bullish pattern out stop almost 100 pips tp1 : 133pips tp2 : 240 pips tp3 : 362 pips wish u all the best :)
break of the black line No.1 leads to a long trade with take profit at the first green zone.. after breaking black line No.2 we can go long again with locked profits not sure if the blue trendline can hold just let us see its just very fresh
Aud-Nzd Deep Crab Pattern On H1 Time Frame market face strong support level and also formate Gartley pattern in Day time frame Good Luck !
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Daily/Weekly hold. Fair R/R Ratios. Using fib retracement. - opened 2 trades. each at different R/R Ratios. - risked about 3% - XABCD cypher pattern - no big news events coming out
I'm keep watching this pair since sunday. I expect some up move soon.
short idea on aud nzd ...we see a double top in 1h chart...in an old supply zone we see rsi divergence as well....all we need to wait is for a break of the trendline to enter this short trade.. or you are are a risky guy and wanna jump in right now ....but remember patience is the key
Hey guys, check out my labeling, and comment what you think the pair will do. I am still learning, so any constructive criticism will be much helpful for me to improve my labeling. Thanks, LEO_~
AUD/NZD intraday bias higher. Momentum heavily bullish. Stochs and RSI are biased higher, we see a bullish MACD line crossover on signal line. Immediate resistance is seen by 100-DMA at 1.0750. Break above finds next major hurdle at 1.0771 (July 19 high). Supports on the downside are seen at 1.0666 (5-DMA), 1.0615 (20-DMA) and 1.0603 (10-DMA). Bullish...
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Aggressive rejection of 1.05 level could lead to sharp surge back up to 1.13 in the coming weeks
It looks like the correction has ended. Watching for 5 up to buy a correction for what would be an enormous move to the upside to follow.
The correction of wave 1 has reached the 50% mark. Looking for price to stabilise here and start wave 3.