Audnzdforecast
AUDNZT - SELL THE BREAKOUTcontinuation from last update
still expecting this to go down
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I APPRECIATE ALL LIKES, COMMENTS AND
FOLLOW FOR MORE
AUDNZD - SHORT - DONT MISS ITTHIS HAS MADE A NICE RETRACEMENT FOR US
SO WE ARE EXPECTING A NICE SHORT HERE
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LIKE, FOLLOW AND COMMENT
AUDNZD / H4 / Technical AnalysisMarket(AUDNZD) Has Dropped Below the Support Level And From this Level We can expect A retest of Support Level to go further Down..
We have to wait for Pullback and If we get Enough COnfirmation on H4 or H1 we can enter the Trade
GOOD LUCK TRADE GREEN
AUDNZD My ForecastFX:AUDNZD H4 Chart analysis, If its reach the below support level i think it should good opportunity for long trade.
BUY AUDNZD 1.09250Buying AUDNZD on a potential reversal zone. having stop loss on 1.08600
Target is Open yet. but maybe near to 1.11650 Level
AUDNZD Elliott Wave View: Further Downside ExpectedHello Traders,
AUDNZD Short-term Elliott Wave view suggests that the rally to 1.1066 ended red wave X. The internal subdivision of red wave X is unfolding as a zigzag Elliott Wave structure where black wave ((a)) ended at 1.1048, black wave ((b)) ended at 1.0992, and black wave ((c)) of X ended at 1.1066. A zigzag is a 5-3-5 ((a))-((b))-((c)) structure in which the subdivision of wave ((a)) and ((c)) is in 5 waves, either as impulse or diagonal.
Down from 1.1066, red wave Y is in progress as a double three Elliott Wave structure where black wave ((w)) ended at 1.0945 and black wave ((x)) ended at 1.0986. Below there, it soon can end a 5 waves structure in blue wave (a). Afterwards, a correction in blue wave (b) in 3-7- or 11 swings is expected. As long as the pullbacks stay below 1.09875 it is expected to see more downside. We don’t like buying the proposed rally and prefer more downside in 3-7-11 swing as far as pivot at 1.09875 high stays intact.
Possible Head & Shoulders Pattern on WEEKLYPossible formation of a head and shoulders pattern on the AUDNZD on weekly chart. Buying momentum decrease in lower time frames confirming resistance. Wait for proper sell signal on weekly to enter trade.
AUDNZD bearish ideaIchimoku, SSRC, & heiken ashi all bearish, target 90 level from 45 level on Gann sqr9. Modest target 1.07132. Wait for one more bearish heiken ashi bar before entering.
AUD/NZD is looking for breakout on daily chart!!!I see bullish divergence(@macd) on daily chart and falling wedge.
Watch for breakout or buy in when we are on general support of AUD/NZD.
If we see bullish breakout from falling wedge in future days, this can be very profitable trade so please watch AUD/NZD carefully.
Have a nice day
Berk
AUDNZD Continued DownTrend and Then Huge Possible BounceGetting close to major buy zone. Short term down trend followed by large move upwards.
AUDNZD Right On Major Resistance, Time To SellAUDNZD is at a good selling opportunity.
Sell below 1.0635. Stop loss at 1.0656. Take profit at 1.0562.
Reason for the trading strategy (technically):
Price is now testing major resistance at 1.0635 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this level to push prices down to major support at 1.0595 (Fibonacci retracement, horizontal swing low support). We do have to be cautious of intermediate support at 1.0595 (Fibonacci retracement, horizontal overlap support) as price might bounce off there and only a break of that support would open a further drop.
Stochastic (34,5,3) is seeing strong resistance below 95% where a corresponding reaction could occur.
