AUDNZD
AUD-NZD Wait For Breakout From Bearish Triangle! Sell!
Hello,Traders!
AUD-NZD is trading in a
Downtrend and the pair has
Formed a bearish triangle
Pattern so IF we see a bearish
Breakout and it gets confirmed
The we can go short on the
Pair on the pullback
Sell!
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AUDNZD:Will Keep Falling! The Next Target is: 1.06207
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current AUDNZD chart which, if analyzed properly, clearly points in the downward direction.
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AUDNZD: Waiting For Breakout 🇦🇺🇳🇿
AUDNZD is trading in a bearish trend.
The price is currently accumulating within a descending triangle formation.
1.067 - 1.069 is its neckline.
If the price breaks and closes below that on a daily, probabilities will be high that the market will drop lower.
Next support will be 1.0627
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AUD/NZD UpdateHere are some zones that I believe that if price reverses, it will be strong, notably the deeper levels. If price breaks the first level, I'm getting in the second and so on. I would usually look for them all to get hit but that's not always going to happen. You'll notice that in a couple of my postings price did hit a level or two and reversed. Keep in mind that these levels aren't random and not what I feel. They represent positions that were placed at a particular time with distance and time taken into account from the time they were placed.
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.
AUD/NZD Uptrend setting up possibly. My prediction is that price will reverse upward from these lower levels. I've added an element in my algo to detect where price doesn't go in a given day. From backtesting and spending hours analyzing across multiple pairs, I can confidently say that price usually fulfills a set range before extending to lower or higher price levels. When it doesn't fulfill those prices especially over an extended period of time, there is a strong reaction when it comes back later. Especially much much later. I believe that I'm seeing that setting up here. If price doesn't come down and continues up instead, that's fine. I'm only comfortable buying when that level gets hit. It's definitely a setup I'd take even if I may be wrong. FX:AUDNZD
Generally down,bias to short ANAN will be generally down trend on daily.
h4 bouncing in range, either we will see a breakdown from 1.07 or returning back to range.see what fits your strategy and trade accordingly...
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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AUD-NZD Breakout, Consolidation And Bearish Vibes! Sell!
Hello,Traders!
AUD-NZD is now consolidating
Below the key level which has
Transformed into the resistance
So because the pair is in the
Downtrend on 1D timeframe
This gives off bearish vibes
And once the local support
Of the consolidation breaks
We will see bearish triumphant
Sell!
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✅TS ❕ AUDNZD: strong support✅✅ AUD NZD three times failed to break the support level.
The downward structure is broken.
I expect the price to start a rebound. ✅
🚀 BUY scenario: long to 1.075. 🚀
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AUD/NZD - Selling pressure is on with the INV C and H and SMC Inv C&H formed on Daily.
We are now waiting for a break below the brim level.
Once this happens, will confirm a fantastic position to go short.
200>21>7 - bearish
RSI<50
Target 1.03686
SMC
Buy side liquidity formed on the top of the Handle which made an Order block (Where the big boys sweep in the buying with retail traders - and offload their own positions). This creates the selling pressure and inclination for prices to drop.
Confirms a good short position is on the way.