Audnzdforecast
AUDNZDHello Guys Welcome back to another profit week
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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.
AUDNZD moving to support zone after a strong rejection from resistant zone, lets eat some pips together with the sell chance
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit week guys
AUD/NZD:FULL TECHNICAL SCENARIO PROJECTION - SHORT IDEA SETUP 🔔Welcome back Traders, Investors, and Community!
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Aud/Nzd setupOn 1 hour timeframe Audnzd recently broke the descending channel and currently in a Subminuette-v within Minuette-i. I'll be looking for slight correction, maybe near 50% fibo level to complete Minuette-ii. Then I'll be waiting for a convincing impulse back up. Since it is Minuette-iii, I like to keep my target near 1.618 extension which is also a daily resistance, 1.0940. If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. If there's any ambiguity then I will not place this trade.
AUDNZD long idea....Looking now for confirmations for a valid long entry. 3 confluences of support at circled area, overextended market, 786 fib level and S1 monthly fib pivot. The 200 EMA is there acting as dynamic support, as well. Seems like a good level to go long from. Aggressive entry is now, at market. A safer entry is to wait for price to break resistance at 1.07357
:warning: This could very well be the time price breaks the channel support. So be careful here.
AUDNZD LONGRegarding the my modified moving average, I made 4 trading decisions on the pair which the 2nd one did not activated!
hopefully, all 3 of them were successful, and the last one by chance!
You can decide between these 2!
1st)
Open trade: 1.08468
TP: 1.09049
SL: 1.08178
2nd)
Open Trade: 1.08715 (a bit higher then the line)
TP: 1.09313
SL: 1.08184
!
I got the last confirmation from Price Action!
ATTENTION: The modified moving average is not a magical tool! it does not have a great results in backrests! I use it base on my strategy.
AUD/NZD BUY OPPORTUNITY.......AUD/NZD CREATE BUTTERFLY PATTERN,SO NOW IT TIME TO GO UP TO 1.10169 LEVEL.
##DEAR Traders,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.Thank you
AUDNZD Update!Hello Fellow Traders, Here is a Full Analysis on AUDNZD.
I have left my previous analysis below
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
7.Show some support Below (Like , Comment , Follow & share)
Let Me know if you have any Questions or Comments Below
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education