AUDCAD ____ INCOMING BEARISH MOVEHello Guys,
This pair is currently trading in a supply zone and the expectation is for it to present a selling opportunity. I will be monitoring this pair as it trades inside the marked area for a CHOCH in the 1-hour timeframe. Once I get my preferred bearish setup, I will be going short.
Also, I just made a post on a correlated pair which is the AUDNZD with the same outlook, I will post it below.
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Here is my AUDNZD analysis
Cheers,
Jabari
Audnzdsignal
AUDNZD ____ INCOMING BEARISH MOVEHello Guys,
AUDNZD has been on my radar for quite some time and right now, it has entered a key zone which is the weekly order block. This should help the price take a breather from all the bullish rally so far. As you can see on my chart, I have marked two levels where I would be taking profits if I manage to take this trade (my preferred short setup appears).
You will also notice that we have sell-side liquidity which price when it is ready to sell will likely hunt.
Follow me for more analysis.
See my analysis on AUDCAD
Cheers.
Jabari
DeGRAM | AUDNZD structe based tradeAUDNZD is currently testing a major resistance level. It's decelerating while approaching resistance.
The market is creating a divergence and a bearish harmonic pattern .
We expect a pullback from this resistance level.
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AUDNZD possible short for 1.062021st April daily key reversal bar made a new high closed towards the low early indication for weakness ahead. 24th April daily insurance bar closed off the low further indication for weakness ahead. Supply zone for short 1.0830, 1.0870-0910. stop loss: 1.0940, target: 1.0620.
DeGRAM | AUDNZD break through the channelAUDNZD broke out of the descending channel and is currently testing a support level.
The market broke its previous lower high, meaning a shift in the trend.
We expect a breakout pullback and continuation pattern.
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DeGRAM | AUDNZD trend continuation opportunityAUDNZD is trading in the descending channel, indicating a bearish trend.
It is currently testing the resistance and 50% fibo level.
The market created a kill zone: the major trend is bearish, resistane, and fibo.
We expect a trend continuation trade.
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DeGRAM | AUDNZD sell pullbackAUDNZD is trading in the descending channel, indicating a bearish trend.
It is currently testing the resistance and 50% fibo level.
The market created a kill zone: major trend is bearish, resistane, fibo, and divergence.
We expect a trend continuation trade.
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DeGRAM | AUDNZD double top + divergenceAUDNZD is moving up the ascending channel. It tested a psychological level at 1.09200, and the price has reacted to it on the daily timeframe.
The market shows massive divergence on the 4H timeframe. On the current timeframe, it has doubled.
We expect a pullback from the resistance.
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DeGRAM | AUDNZD structe based tradeAUDNZD is currently testing a major resistance level.
The market is creating a double top with divergence and a bearish harmonic pattern .
We expect a pullback from this level since the trend is bearish.
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AUDNZD - Sell idea for a 6.4:1 RRRHello everyone! Hope you all have a great trading week and Ramadan Kareem all.
I am seeing a great sell for FX:AUDNZD from here after the news. Currently testing a OB, broken uptrend impulses and we might see a drop from here. Risking 1% for 6.4% gain.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Good luck everyone!
Regards,
Enzo
DeGRAM | AUDNZD sell pullbackAUDNZD is moving up the ascending channel. It is currently testing a resistance level , and the price has reacted by dropping below it.
The market made an equal measured move, which is AB=CD pattern.
We expect a false break or double top for sell signal confirmation.
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AUDNZD SELL LONGThe two Australasian currencies are represented in the Australian Dollar vs. the New Zealand Dollar pair. High Rollover rates and like geographical locations cause them to often trade alike against other currencies. Because of this the pair is not extremely affected by global factors or trends but instead reacts more to changes in the local economies. #AUDNZD
AUDNZD : Short Trade , 4hHello traders, we want to check the AUDNZD chart in the 4-hour time frame. The general trend of the price is downward, and after breaking a range, the price has pulled back to its bottom. We expect this level to play the role of a resistance level for us, and the price will reach the targets. It is determined to continue its downward trend. Good luck.
AUDNZD sell Entry : 1.06845
Stop : 1.07470 , Target1 : 1.06235 , Target2 : 1.05596
Risk/Reward Ratio : 2
DeGRAM | AUDNZD trend continuation opportunityAUDNZD is trading in the descending channel. It is about to test the psychological level at 1.06800.
The market created a kill zone for short opportunity: the psychological level at 1.068000 and 50% fibo level .
The price created a nice structure for the shelf. We expect a trend continuation trade.
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