Shorting AUDNZD On the H4 chart of AUDNZD, it seems that the price has completed a correction phase (ABC zigzag). I expect the price to continue the main trend if breaks the laters bearish fractal. My entry levels are marked on the chart.
Audnzdshort
AUDNZD - SHORTTA: price closed below MA200, RSI<50, MACD<0. Hamonic is being formed
we will short
target 1: 1.015
target 2: 1.006
AUDNZD SHORT 12RONLY entering on 4hr price action confirmation.
Use appropriate risk & trade management
AUDNZD- ShortSteady stair step patteren
Price broke through support channel
Signal 1- Heavey seller momentum at (1 Apr '20 08:00)
Signal 2- Followed by several red candles closing bearish on 4H chart
Tp1- 1.01182
Tp2- 1.00228
AUDNZD-Short (UPDATE/FORCAST!!)Steady stair step ascending wedge patteren
Price broke through support channel
Signal 1- Heavey seller momentum at (1 Apr '20 08:00)
Signal 2- Followed by several red candles closing bearish on 4H chart
Tp1- 1.01182
Tp2- 1.00228
UPDATE!!
Retracement reacting to support>>> New resistance
Excpecting one or two small retracements before bearish move.
Holding position over the weekend
AUDNZD Short - DailyFollowing on from my previous trade on this pair, we can now see on the daily we are coming into an area of high interest. We have the 50 ema and 61.8% fib to take into account. Therefore when this current daily candle closes, we can look for confirmation to sell.
AUD/NZD : Watch Breakout and Selli am expecting downside Movement after broken the Flag in downside.
ThankYou
AUDNZD potential reversal!
AUDNZD expected to rise up to 1st resistance at 1.03601 where it could potentially react off and drop down to 1st support at 1.02223.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDNZD - Double H&SThe first Head & Shoulders pattern, it's clearly confirmed with the neckline breakout. Likewise the second. The target price is determined by measuring the distance from the head to the neckline, then the target starts from the neckline that is breakout. The first pattern, the target price is around 819 pips, which is around 479 pips have been reaching, remaining around 340 pips more. The second pattern, the target price is in around 533 pips, which is 194 have been reaching, remain around 339 pips more.
The remaining of the first and second pattern price targets more or less at the same target.
This is all just an idea based on the head & shoulders pattern, there is no guarantee that the target will be achieved or not. Because there really is no guarantee in the analysis.
Note : I don't give buy and sell signals. All my posts are just ideas. If you want to apply, do your own analysis first, make sure it matches your analysis. If not, then just trash this idea. So that you won't disappointed and blame the other party when everything does not fit the analysis.
AUDNZD approaching support, potential for a further rise!
AUDNZD approaching support at 1.01010 where it could potentially rise further to 1.03237.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDNZD LONG Hey guys, looking for longs from the 1.0400 level, wait for rejection on the 4hr time frame from this region before taking longs.
190 PIP GAIN
RR 7/1
AUDNZD- Short- Broke through support
- Austrailian $ loosing strength due to carona virus
- Likely to continue falling
- No news on NZD effected by carona virus
- Predicting to fill low wick - Jan 2/2019
