Audnzdshort
AUDNZD Possible Shortas you can see AUDNZD has formed a left shoulder, a head and has formed part of the right shoulder. This is a reversal pattern if fully formed at the top of the bullish run.
AWAIT completion of the head and shoulder formation, followed by a neckline break which will also be a trendline break followed by a retest and rejection. Engulfing candle to go short
The markets trade money between the impatient and patient If its not touching that red line then I don't want the sell, far to early to sell for me yet, rather miss a trade and watch in unfold to my analysis than jump in early with a whack entry increasing risk.
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AUDNZD - Potential winning trade for late comers!OANDA:AUDNZD
The price has already reached the resistance line for the 3rd time. To those who were late for this opportunity, what I can advice is "Never chase this trade", because the price is already far from the resistance line.
So here is the best way to enter this potential trade - wait for it to break the daily support line (Yellow Line). For better confirmation, much better if it broke at least 10pips away from the support before entering the trade for better confirmation. You can choose the right TP level basing on your risk appetite.
AUD/NZD PULL BACK TO A POSSIBLE LONGAUD/NZD has been in a bullish trend since RBNZ forecast rate cuts -0.50%, There is a small pullback trend showing ahead.
I don't see it breaking the support levels. It looks like it will break out after the short pullback.
SHORT
Entry: 1.07200
TP 1: 1.07150
TP 2: 1.07100
TP 3: 1.07065
LONG (AFTER PULL BACK)
Entry: 1.07620
TP 1: 1.07900
TP 2: 1.8000
TP 3: 1.8400
Good luck
feel free to comment your views.
AUD/NZD SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
AUD/NZD: Swingtrade-Execution
Sell-Limit: 1,06860
Stop-Loss: 1,07750
Target 1: 1,05900
Target 2: 1,05260
Target 3: 1,03930
Stop-Loss: 89 pips
Risk: 1-2%
Risk-Reward: 3,33
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Peace and good trades
Irasor
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AUDNZD upside momentums weakensThis is currently a very preliminary trade idea based off of the current momentum on this pair. I outlined this trade idea in three major points.
1. The run-up from March 19th ceased at the 1.0613 level. Price proceeded to pull back to my #2 label at 1.0477 level.
2. Nothing out of the ordinary so far as price would retrace after such a rally. What's interesting is that this next wave didn't make as significant of a move. Specifically, we can see it hitting the #1 label highs and then stalling.
3. I'm currently observing the price action signal at this level. It broke back below the 1.06 level and then made an uptick. If price fails to make a surge higher, we could potentially see this pair reverse.
Again, largely preliminary at the moment. Currently just keeping an eye on this pair for a potential opportunity.