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Audnzdforecast

AUDNZD (15m) OUTLOOKHi Friends, Observe and Learn only: AUDNZD🔥🔥🔥 will be good for shorting between 1.04104 and 1.04189 with SL - 1.04285 and targets; Target 1 - 1.03903 Target 2 - 1.03792 Target 3 - 1.03706 Target 4 - 1.03597 Target 5 - 1.03415 to 1.03300 Risk only 1%❌ 🔤Few Points to Note ✅Exit 50% of your positions at target 1 and let others roll, if they hit SL it's ok you have made rough profits already. ✅Strategy used? Break of Structure - Price broke out of 1.04118 area (BOS or Shift area) and by default is supposed to incline up to 70.00% to 88.60% Fibo level of that pump that broke market structure. Ideally entry would be if price get back to our fibo level, we would look out for signs of rejection before executing trades. ✅Risk Management? It is important that you do not risk more than 2% ( recommended 1%) of your account per spotted trade. Assuming the trade wins with RRR of 1:2, and you have lost your previous trade, automatically you have covered your previous loss with the good one.
Short
by Kingsley_lotanna
AUDNZD SHORTING OPPORTUNITY ANALYSIS AND TRADE SIGNAL Hello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/ We have this Daily ICI to the downside, we are also currently testing very strong supply with the green candle created on the move to the downside where on the weekly still is previous support turns resistance. We drop down on the 4H time frame. Currently the market is cut for bullish with the EMA's cut for long and the MACD is above the 0 (zero). I've marked with the yellow rectangle where the previous support where if the market has manage to break to the downside turns resistance where it retest on our entry and EMAs cut for short and is lining up with structure, its where we shift to the move to the downside, MACD is below the 0 (zero), Take profit is the -0.272 on the Daily retracement and Stop loss is above the 0.786 taken on the 4H impulse. ~TRADE SIGNAL~ SELL Entry: 1.03795 Take Profit: 1.03054 Stop Loss: 1.04096 **NOTE: wait for the break and retest of the level before entering Good luck! You have plenty of time to achieve your target. Take it slow, observe good risk management techniques. ~FX_SHIFTER
Short
by fx_shifter