AUDNZD
AUDNZD: Classic Top-Down Trading Setup 🇦🇺🇳🇿
AUDNZD reached a solid horizontal structure resistance.
The price formed a doji candle on 4h and a double top pattern on 1H time frame.
The neckline of the double top has just been broken.
I expect a retracement to 1.0767 / 1.0744
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AUDNZD: GO LONGAll elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/NZD as long as the price remains well above 1.0800 NZD. The buyers' bullish objective is set at 1.0795- 1.0810 NZD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.0905 NZD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
AUDNZD - 4hrs ( Buy Trade Target Range 250 PIP ) 💲Pair Name : AUD/NZD
🗨Time Frame : 4hrs
➕Scale Type : Large Scale
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✔️ Key Technical / Direction ( ↗️ Long )
Type : Mid Term Swing
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🔰Bullish Break
1.07750 Area
Reasons
🔘- Major Turn level / w
🔘- Visible Range hvn
🔘- Channel Break
🔘- D / W H
🔘- Fixed Range Poc Area
🔘- Fibo Cluster
🔰Bearish Reversal
1.10500 Area
Reasons
🔘- Major Turn level / D
🔘- Visible Range Poc
🔘- Pattern Target
🔘-Fibo Golden
🔘- Prev M / H
🔘- Fixed Hvn
AUD/NZD Multi-Timeframe & Order Flow Analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
AUDNZD | could be a good trade towards the downsideHey Traders!
Most timeframes very bearish, we are on a strong support level on the monthly, but we don't know when that will engage or if it will find buying pressure, weekly timeframe broke 200 moving averages does suggest a bearish trend continuation, all other price action also looks bearish.
AUDNZD Next Possible MovePair : AUDNZD ( Australian Dollar / New Zealand Dollar )
Description :
Bearish Channel in Long and Short Time Frame as an Corrective Pattern in Long Time Frame and Breakout the Upper Trend Line
Break of Structure
Impulse Correction Impulse
Rejecting from the Fibonacci Level - 61.80%
Divergence
Completed " ABC " Corrective Wave
Double Bottom
AUDNZD 1hr long entryHello guys,
Today we are going to take a long entry in this currency pair. This one is for retracement. If you look at this currency pair, the 1-hour chart has given a break down in the ascending triangular pattern. So, from here, there is a chance for this currency pair to go up. After that, there is a chance to start a downward direction. So take this trade carefully.
Thanks & Regards,
Alpha Trading Station
Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
AUDNZDHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The way I told you, you have to trade like this and you will have more profit always and you will not be a loss.
AUDNZD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.