Double bottom Intraday RR 1:1AUDNZD has created a double bottom pattern to continue upward in the direction of the trend. A simple long trade with a 1 to 1 risk to reward ratio is what I will go for ;)
Audnzdlong
AUDNZD LongAUDNZD has long signal, buyers are stronger than sellers. Next target is $1.12. Weekly and Daily charts are also in strong uptrend.
LONG ON AUD/NZDPrice is in a major uptrend and has broken a major resistance level and had retested that level with a double top pattern.
Once price breaks above the neckline of the double bottom it should continue rising.
Here is the play I will be taking on this pair:
P = 1.10457
SL = 1.09789 - 63 PIPS
TP = 1.11296 - 84 PIPS
"BUY SETUP AUDNZD"Reasons for buy
#1.Sentiment (Crowd are short)
#2.Trend(UP)
#3.Retracement to 50 level @ Daily chart
#4.Retest of previous zones
AUDNZD we can see break of bullish structure. Price formed higher highs and higher lows. It then created strong bearish candle that broke trendline and also created new lower low. Soon after price failed to push through the previous high and created new lower high. Price then confirmed the reversal with break of previous lower low level.
💡Don't miss the great buy opportunity in AUDNZDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1006).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDNZD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 1.1076
TP2= @ 1.1110
TP3= @ 1.1148
TP4= @ 1.1194
TP5= @ 1.1234
SL= Break below S2
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💡Don't miss the great buy opportunity in AUDNZDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1006).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDNZD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 1.1076
TP2= @ 1.1110
TP3= @ 1.1148
TP4= @ 1.1194
TP5= @ 1.1234
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
AUD NZD After 180pips from last analysis new entry adeddHello traders, with price reaching level of 1.09700, it will meet the new support with 0.5 Fibonacci + ema 200, will be a strong point to complete buying
If you like this idea, do not forget to support with a like and follow
AUDNZD Hrly long | Algo TradingAUDNZD hrly long
buystop @ 1.10312
TP #1 @ 1.10497 77.08% wr
TP #2 @ 1.10751 56.25% wr
SL @ swing low 1.09702 16.67% hr
WR and HR Determined from past trades on this pair, on this timeframe.
More trades like this on my profile and on Bifrost trades
LONG ON AUD/NZDPrice is in a major uptrend.
Confluences:
- bounce off 50 fib level
- moving average cross (8 & 50)
- big body bull candles above MA's
ill be taking the following trade on this pair.
MARKET BUY NOW
P = 1.10380
SL = 1.10077 - 32 PIPS
TP = 1.11147 - 75 PIPS
A simple divergence trade on AUDUZDAUDNZD is in a strong uptrend. There are some reversal signs on H4 but we can back this to test the high of 1.11000.
M15 bullish divergence. Stop loss is just 40 pips. Good luck!
Full Analysis On AUD/NZD My Opinion For Next Movement Next DaysThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDNZD | LONG SETUP!!AUDNZD is trading in good bullish momentum as the pair is making higher highs and higher lows. Currently price took a support from horizontal level which has been reactive in the past.
We are looking to long it and sell on resistance zone.
WEEK 17 ▲ AUDNZD IS LONG ▲My views on AUDNZD is bullish.
Resistance lines:
1) 1.1000
2) 1.1066
3) 1.1153
Please
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AUD NZD Long buyHello Traders. price to rise a long term, not to sell i search to buy only the price broke a strong resistance that became support at the level of 1.08300 and retested the resistance to complete the rise and now wait for a slight drop to the level of 1.09030 to complete the buying
If you like this idea, do not forget to support with a like and follow
AUDNZD Prediction H1Here is my view for AUDNZD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDNZD Chart H1Here is my view for AUDNZD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDNZDQuick long position, failed to break resistance on short .08450. Green candle formed passing .08500 meaning a bull formation.
AUDNZD ShortMarket break previous Higher Low and now we set up a FIB retracement for a pullback to take a short.
AUDNZDThe AUD/NZD pair has attracted significant bids at around 1.0834 as the Reserve Bank of New Zealand has raised its Official Cash Rate (OCR) higher than the street expectation. RBNZ Governor Adrian Orr has announced an OCR hike by 50 basis points (bps) while the street was expecting status-quo maintenance by the RBNZ.
WEEK 15 ▲ AUDNZD IS LONG ▲My views on AUDNZD is bullish .
Resistance lines:
1) 1.09860
2) 1.10561
3) 1.11395
Please
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AUDNZD hourly long | Algo Trading AUDNZD hrly long
buystop @ 1.09344
TP #1 @ 1.09553 75% wr
TP #2 @ 1.09780 55.56% wr
SL @ swing low 1.09010 17.78% hr
⚠️ half risk due to lack of volume
WR and HR determined from past trades on this pair on this timeframe.
More trades on my profile and on Bifrost Trades.
