AUDNZD Sells ActiveGood Morning guys, have this buy open on AUDNZD - it isn't the best trade and I don't really like trading this pair but there was a set up and I decided to give it a try
Let me explain
These are my confirmations\questions >
Question 1 - Was AUDJNZD in momentum (bullish or bearish)?
Yes, AUDNZD is in bearish Momentum currently
Question 2 - Who is interested (at this time)?
Sellers are interested at this time
Question 3 - Where are their stop losses?
Stop losses would have been right Above the highlighted levels (orange circles) & below the orange horizontal line (break out sellers)
Question 4 - Have those stop losses been taken out?
Yes I believe Stop losses have been taken out already on AUDJPY (Red X)
Question 5 - Does the set up make sense for me to pursue?
Yes I believe it makes sense for me to pursue this trade given the information I have
As I am typing this the trade remains open at a 1:0.7 Risk Reward Ratio and I am noticing price is stumbling about this area currently (wondering if I should close it)
That being said however you will realize over to the left (green circles, green lines) that there would be some buyers below this area and based on the momentum it makes sense to me for price to driven to below this area so I think I should hold it, let's see
I have many more confirmations I look for, this is just to simplify it so that I can quickly explain to you the reader
Downvote\Don't boost if you didn't read this post and didn't try to understand
OR
Upvote\Boost if you did read this post and did try to understand
*Why don't I show my lot size?*
*How much money I make is no where near as important as HOW I took the trade*
Audnzdsignal
DeGRAM | AUDNZD broke and closed below the psychological levelAUDNZD is making lower lows on the 4 hourly chart.
It broke and closed below the psychological level at 1.06600.
The market created divergence since the bullish move occurred against the major bearish trend.
We expect a trend-continuation trade and a retest of the support level.
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AUDNZD Will Fall✅ AUDNZD started falling well from the 🔴 Resistance zone(1.0712 NZD-1.0686 NZD) 🔴 and the Resistance line and was able to break the Uptrend line .
🌊Regarding Elliott wave theory , it seems that AUDNZD finished wave 4 at the🔴 Resistance zone(1.0712 NZD-1.0686 NZD) 🔴 and is completing wave 5 .
💡The important point is that AUDNZD has lost the Support line and Ascending Channel , which can be a sign of further decline .
🔔I expect the AUDNZD to continue falling and at least break to the 🟢 Support zone(1.055 NZD-1.046 NZD) 🟢.
Australian Dollar/New Zealand Dollar ( AUDNZD ), 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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DeGRAM | AUDNZD short from the kill zoneAUDNZD is making lower lows, indicating a bearish trend.
It is currently near the resistance, 50% fibo, and psychological level at 1.07000.
The market created a kill zone: the major trend is bearish, resistance level, fibo.
We expect a trend continuation trade potentially retesting the support level.
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AUDNZD,🔴Sell opportunity🔴
Well, you can see all the details on the chart.
The price grabbed the liquidity above the previous daily candle and had a bearish reaction.
Now we can expect the pore bearish move from the supply zone.
Please pay attention we need LTF confirmation in the supply zone for entry to the sell position.
If you have any questions, feel free to ask.
💡Wait for the update!
🗓️29/01/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
DeGRAM | AUDNZD equal highsAUDNZD created the nice equal highs. It is trading in an ascending channel and has bounced off the support level.
The market is completely in the consolidation zone on the D chart.
We expect a pullback to support a 50% fibo level and move up to retest the equal highs.
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AUDNZD I Potential correction and continuation Welcome back! Let me know your thoughts in the comments!
** AUDNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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DeGRAM | AUDNZD breakout out of consolidationAUDNZD market is trading in an ascending channel; it's consolidating following momentum.
Price printing the AB=CD pattern. The trend is flat on the D chart.
We expect the completion of the AB=CD pattern by breaking out the resistance level.
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AUDNZD : Long Trade , 4hHello traders, we want to check the AUDNZD chart. The overall trend of the market is bearish and the price has reached the ceiling of the descending channel as well as the indicated key level. We expect the price to have a correction up to around 1.07500 and if the price fails to break this level, the price will maintain its upward trend and grow up to around 1.08600. Good luck.
DeGRAM | AUDNZD double top at the resistanceAUDNZD is currently testing the structure resistance level by completing the AB=CD pattern.
It's decelerating while approaching the resistance.
The market created a divergence and double top at the resistance.
We expect a pullback from this resistance level.
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DeGRAM | AUDNZD short from the kill zoneAUDNZD is making lower lows, indicating a bearish trend.
It is currently near the resistance and 38.2% fibo level.
The market created a kill zone: the major trend is bearish, resistance level, fibo.
We expect a trend continuation trade.
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DeGRAM | AUDNZD divergence at supportAUDNZD is trading in an ascending channel and has bounced off the support level.
The market has tested a significant support level on the D chart. It created the divergence at that level.
We expect a pullback to support and move up to retest the resistance level.
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DeGRAM | AUDNZD kill zone at resistanceAUDNZD is trading in the descending channel, indicating a bearish trend.
The market made a false breakout at the support level.
The market created a kill zone: the major trend is bearish, resistane, and 38.2% fibo level.
We expect a trend continuation trade from the kill zone and resistance.
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7 Dimension Analysis For AUDNZD 🕛 TOPDOWN - Navigating a Bullish Market with Long-Term Potential
Overview: This pair has been consolidating for about a decade, showcasing substantial volume in the yearly chart. Despite the extended consolidation, heavy volume indicates significant player involvement, suggesting an expected upside move. The monthly trend is establishing itself for a prolonged bullish trajectory, currently forming a base accumulation zone. The weekly chart shows a triangle formation, and a breakout will be pivotal for determining the broader trend. All signs currently point towards a bullish bias, making this pair attractive for both short and long-term positions.
😇 7 Dimension Analysis
Time Frame: Daily
1️⃣ Swing Structure: Bullish to sideways with Bull-side potential
🟢 Structure Behavior: ChOch and Point of Interest (POI) already mitigated with liquidity sweep.
🟢 Swing Move: Initial Impulsive
🟢 Inducement: Completed for the bull side, establishing a valid low.
🟢 1st Pull Back: Made a 50% correction with an Inside Bar candle, validating the pullback. Internal structure appears bullish to sideways with mitigated oversold conditions.
🟢 Demand/Accumulation Areas: Respected by the price. Trendlines are marked, awaiting a breakout.
2️⃣ Pattern
🟢 CHART PATTERNS
No specific chart patterns identified in the current leg.
🟢 CANDLE PATTERNS
Key Observations:
Change in guard with an engulfing candle at the demand area, signaling potential sideways movement.
Multiple instances of long wicks at the demand area, indicating bullish sentiment.
Momentum candles exhibit substantial size, signaling significant bullish momentum.
Various bullish candlestick patterns, including kicker sash, inside candles, and open lows, reinforce the bullish sentiment.
3️⃣ Volume: Significant buy volumes at the demand area, suggesting strong bullish control. Positive insights from volume during corrections.
4️⃣ Momentum RSI:
🟢 Momentum State: In a full sideways zone. Momentum shifted rapidly from super bearish to super bullish, indicating a substantial change in momentum. Bullish divergence supports the bullish outlook.
5️⃣ Volatility Bollinger Bands:
🟢 Prices play around the middle band, anticipating a significant move. Squeeze has begun, indicating a potential volatility compression. A breakout outside the upper band is expected.
6️⃣ Strength - ROC Values: Almost equal strength at the current point.
✔️ Entry Time Frame: Daily
✅ Entry TF Structure: Sideways to bullish
☑️ Current Move: Bullish impulsive
✔ Support Base: 20 MA
☑️ Candles Behavior: Major bullish candlestick patterns have formed.
☑️ Trend Line Breakout: Awaiting confirmation.
☑️ Final Comments: Enter for a long position once the price breaks the upper trend line.
💡 Decision: Go for a long position.
🚀 Entry: 1.0900
✋ Stop Loss: 1.0750
🎯 Take Profit: 1.1426
2nd Exit if Internal Structure Changes, 3rd Trendline Breakout, FOMO.
😊 Risk to Reward Ratio: 1:3.5
🕛 Expected Duration: 30 days
SUMMARY: The analysis maintains a bullish perspective, emphasizing potential long-term opportunities. The strategy involves entering a long position upon the breakout of the upper trendline, aligning with the broader bullish outlook. Considerations include the diverse bullish candlestick patterns and the anticipation of a significant move as signaled by the Bollinger Bands' squeeze.
AUDNZD Long Term Buying Trading IdeaHello Traders
In This Chart AUDNZD Forex Forecast By FOREX PLANET
today AUDNZD analysis 👆
🟢This Chart includes_ (AUDNZD market update)
🟢What is The Next Opportunity on AUDNZD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDNZD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDNZD Technical Analysis And Trade IdeaIn this video, we perform an exhaustive analysis of the AUDNZD currency pair, delving into the current upward momentum evident in both the daily (1D) and weekly (1W) timeframes. Notably, AUDNZD has encountered a significant resistance level, hinting at the potential for an upcoming retracement. Throughout our discussion, we will explore the intricacies of technical analysis, offering valuable insights into effective forex trading strategies.
It is of paramount importance to underscore that the information presented in this content is strictly intended for educational purposes and should not be regarded as financial advice. Engaging in the currency market involves inherent risks, underscoring the necessity of implementing robust risk management techniques within your trading plan.
AUDNZD Technical Analysis And Trade IdeaIn this video, we provide an extensive analysis of the AUDNZD currency pair, with a primary focus on the dominant bullish price swing observed on the daily (1D) timeframe. Notably, AUDNZD has reached a critical resistance level at the upper boundary of the current price range. Within the video discussion, we delve deep into various facets of technical analysis, encompassing aspects such as the prevailing trend, price movement dynamics, market structure, and other fundamental elements crucial to technical analysis. As we progress further into the video, we explore a potential trading opportunity in greater detail.
It's essential to emphasize that the information presented in this video is intended solely for educational purposes and should not be misconstrued as financial advice. It is imperative to recognize that engaging in forex trading involves a significant level of risk. Therefore, it is absolutely vital to prudently integrate risk management strategies into your trading plan.