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Audnzdlong

AUD/NZD Long Idea (Bullish Pennant)Price has formed a bullish pennant pattern on the daily chart, starting back in March. I'm using the 3rd touch=breakout rule to judge where price is likely to break out. With the addition of a support level through the middle of the formation, this helped me realise that price would NOT break out to the downside on the third touch, leading me to believe price will break out above the structure on its third touch of the resistance trendline. I have put my target price level at the high of the structure (@ 1.0330) with the SL positioned in line with previous lows. The RR of this trade is 4.8, although this trade could rise up even higher, achieving a target magnitude equivalent to the overall height of the structure. Disclaimer: Understand that investing in any financial market is a risk. All investments and trading decisions should be based on your own judgement. By using this idea you are agreeing that you and only you are responsible for your own trading or any investment decisions that you make. Anything offered here is not investment advice nor pressuring or forcing you to use your money in any way. Resources are provided to you based on experiences; it is still your responsibility to do your own due diligence before making a decision.
by adamwoods
AUDNZD - Buy Entry - D1 Daily ChartAUDNZD - Buy Entry - D1 Daily Chart Buy @ Current Market Price or on pull back into Buy Zone Stop Loss @ 0.5% to 1% of your Account Balance Take Profit @ mR1-Y1 - Possible TP @ 1.0875 Take Profit @ I will update when to close - Follow me to receive updates ✅ Please support the idea with a Like 👍 Follow me to receive updates of this analysis, plus new ideas ✅ Thank you for your support 😊 Wishing you successful trading 🙏 ------------------------------------------------------------------------------------ 🔺 Disclaimer! The content of this analysis is subject to change at any time without notice. 🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions. 🔺 You must do your own research to create your own trading plan for the market. ------------------------------------------------------------------------------------
Long
by UnknownUnicorn5418842
2
AUDNZD The Trend will Change SoonHi, Volume Trader. The AUD currency weakened for long time against the NZD currency. This results is the AUDNZD pair likely to reverse the bearish trend then become bullish trend . The best way to trade is to follow the bullish trend when bullish is starting to form or wait for a correction that is likely to occur a little longer. pm me for the details. Notes: 1. This is not a suggestion to take financial action 2. VolumeWaveFx is not a licensed financial advisor.
by VolumeWaveFX
2
AUDNZD Scalp Setup off Daily SupportJust a simple scalp setup off the Daily support. Several confirmations here to provide me with some rational behind my evil madness. ------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
Long
by Michael_Harding
1
AUDNZD: is that the END of the TREND CORRECTION?Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : AUD/NZD ⚪ Technical Analysis : Since the 1st December 2020, the price has been moving with a strong bullish impulse, going up for about 420 pips, reaching the level at about 1.08500. On that level, the price got a quick rejection, falling down breaking through the S/R zone at about 1.07000, and it is currently reaching the an interesting support zone at about 1.05700, that perfectly match with the 0.61% of Fibonacci retracement. 🔴 Conclusion : This is absolutely a nice trend correction of its previous bullish impulse, and I'm confident to see the price bouncing on the support zone at 1.05700 before moving up again with a new bullish momevent. I'll be waiting for the price to reach the support zone before planning my long position on this trade. Stay tuned for Updates and Trading Signals ! What's your opinion? Share your idea writing a comment! ⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️ Trade Safe and Responsibly , Gianni
Long
by FXtrades-gp
22
AUDNZD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
AUD/NZD 1H: Head And Shoulders👋 Hello and welcome traders to another trade ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 💡 Why should you follow our profile on TradingView? 1- Consistent chart updates 2- Clean charts 3- Short and long-term perspectives 4- Visually teaches you valuable lessons 5- High probability setups 6- Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research. Thank you for reading, Cheers to many pips! 🤝
Long
by med-aaris
3
AUD/NZD 4H👋 Hello and welcome traders to another trade ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 💡 Why should you follow our profile on TradingView? 1- Consistent chart updates 2- Clean charts 3- Short and long-term perspectives 4- Visually teaches you valuable lessons 5- High probability setups 6- Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research. Thank you for reading, Cheers to many pips! 🤝
Long
by med-aaris
1