Audnzd buy setup!
DISCLAIMER:
My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Good Luck!
Audnzdlong
Meh! im Bullish... we will break to the upsideVolatility its up, Buy Volume Is High, Ichimoku Trend Lines sets the pressure. Be Aware!
AUDNZD on recent highs 🦐AUDNZD on the weekly chart has recently broke the descending channel that kept the trend since october 2017.
On the daily chart the market, after the move till the upper trendline of the channel, retraced slowly creating a falling wedge.
Currently the market found resistance on the recent highs structure and we could expect the market to consolidate before a break to the upside.
If the price will break and close above the daily structure we can set a nice long order according with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
AUDNZD - BULLISH BIASAUD - BULLISH
1️⃣ Global risk appetite was boosted after governor of the People's Bank of China Yi Gang noted that China will continue implementing the phase-one economic and trade agreement with the US while measures aimed at opening up China's financial sector will continue.
2️⃣ Goldman Sachs raised its 2021 US GDP forecast to 6.2% from 5.6%, driven by expectations that at least one COVID-19 vaccine will be “widely distributed” by the end of the second quarter next year.
NZD - BEARISH
1️⃣ New Zealand has reported its first coronavirus cases in 102 days and has announced it would slap new restrictions.
2️⃣ RBNZ policy will be left unchanged but risks are dovish.
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TECHNICAL
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- We are looking to long AUDNZD on RBS level + SMA50 area.
- AUDNZD in bullish zone.
AUD/NZD LONG Hello traders !
Here what we have today here.
AUD/NZD
AUD is way stronger today that NZD
So after testing the area it represents last higher high, personally I will be a buyer until the pair will hit the next Higher High.
Fell free to ask me anything, to use your own TP and SL, you POV is important !
Have a good day !
Update on AUDNZD long tarde Hey guys, this is the update on AUDNZD Long trade that I forecast on August 3. Check that forecast below. Please hit like if you guys like my analysis and follow for more analysis. Thanks.
Long on PullbackLooking to enter longs on a pullback to retest the lower ascending trendline of the parallel channel in confluence to the 0.618 fib retracement and a historic daily S&R zone.
AUDNZD Long Trade Plan Hello traders, here is the analysis for AUDNZD. NOTE please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
AUD/NZD Long Short TermGood day, snipers. Here in AUD/NZD, price recently broke major resistance now turned support and now broke a minor resistance turned support and rejecting 61.8 Fib Level. We are riding the trend here and price making higher highs and lows. Stops just below the support level
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AUDNZD BREAK THROUGH THE TREND LINEHello traders!
AUDNZD broke through the descending trend line. We can expect a retest of previous high from where we can enter our long position all the way up to the top of the trend line.
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AUDNZD LONGLooking for continuation long, price looks like it’s ready to break out of the flag. Bullish bias on all time frames.
Good luck 🙂
AUD/NZD Wave Analysis in a long-term bear cycle.
It is currently in its second leg of wave B.
Further, it resembles a flag formation and is coming down after hitting the upper parallel.
Hence, we expect the pair to be bearish and move to the lower parallel from here.
Go long on AUDNZD (Long Term)After a strong move to the upside, we see price breaking the channel and creating a flag. we are now expecting a continuation of price to the estimated levels.
AUDNZD Head and shoulders Setupprice is now at resistance ichimoku cloud gives the perfect resistance here close above cloud than this setup will be invalidate.
RSI also made good HH so not much confident in this setup
audnzdaudnzd is in bullish pennant pattern, the price is about to break the s/r level, wait for breakout.
Bullish pennant forming on AUDNZDBullish pennant forming. I will be awaiting a break and a retest and then entering, targeting previous key levels as a take profit zone. SL will be tight and placed just inside of the pennant formation.
I don’t normally trade on a Friday, but a pennant is a pennant. Tight stops ensure that fake-out fridays doesn’t hurt too much.
AUD/NZD descending triangleThe pair has recently breakout of the descending triangle so I have opened a buy trade expecting a move to the resistance line.
AUD/NZD descending channel💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really appreciate any likes and follows, that would help grow this channel.
Let's take a look at AUD/NZD on 4H chart. We can see descending channel has been formed. Price has been rejected from resistance line from this channel we believe that price will go down from this point.
Let us know what you think about this idea.
Trade safe !
