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Audnzdsignals

AUD/NZD Short SignalChart Analysis Technical Analysis: - Price recently fell below a long term uptrend upper trend line and trading in a tight range near the lows of full range. - Price seems to be forming either a rising wedge *(bearish chart pattern) or a triangle wedge *(bear or bullish chart pattern). Supporting the indecision and why price trading in tight range BUT......slight rising wedge chart pattern, downward price movement and strong resistance level pushes more towards a weakening bullish starting to turn bearish. - Selling volume spikes above average has been around economic event announcements. - RSI giving a weak sell signal because price is above moving averages and vortex indicator is still bullish but with a narrow gap. Signals: (Recommendations and doesn't guarantee profits or losses) - Scalp Trade - Sell Limit: 1.11000 - 1.08000 - Take Profits: 1.10300 - 1.09700 - Reward/Risk Ratio: 2/3:1 - Day/Swing Trade: - Sell Limit: 1.10200 - 1.10100 *ENTRY AFTER PRICE FALLS BELOW AND RETEST MOVING AVERAGE AND WEDGE SUPPORT LEVEL (ASSUMING A BREAKOUT BELOW SUPPORT LEVELS) - Take Profits: 1.09700 - 1.0300 - Reward/Risk Ratio: 2/3:1
Short
by charrison4300
AUDNZD Channel Up vs Head and ShouldersThe AUDNZD pair has been trading within a Channel Up ever since the November 19 2021 Low. Two upper and lower tolerance levels of 1.236 and -0.236 have been accounted for. This time though, as the price is trading around the 1D MA50 (blue trend-line) since June 20, using it as a pivot, a new pattern has emerged. That is a Head and Shoulders (H&S). That is so far contained within the Channel Up but a break below it can see the price testing the 1D MA200 (orange trend-line) for the first time since January 17. Our trading plan is based on the break-out (candle close) approach. A break below the lower tolerance level of the Channel constitutes a sell signal towards the -1.0 Fibonacci extension (1.075), in which case the H&S pattern prevails. Until that happens, we continue being within the dominant Channel Up, hence bullish towards a new long-term Higher High near the 2.0 Fibonacci extension (1.1383). -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
by TradingShot
AUDNZD Very strong long-term Channel UpThe AUDNZD pair has been trading within a Channel Up since the November 19 2021 Low. The price only broke outside this pattern twice but was limited to the -0.236 Fibonacci extension (March 15 2022) and the 0.236 Fibonacci extension (May 04 2022). The 1D MA50 (blue trend-line) has been holding as a Support since March 17. The price is now on the 4th straight red 1D candle following the Channel's recent Higher High and the level to buy is either at the bottom of the pattern (around the 1D MA50) or if the 1D RSI hits its Lower Lows trend-line first. Target: the top of the Channel Up. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
AUDNZD Long-term sell opportunityThe AUDNZD pair broke above its August 2020 Lower Highs trend-line in late March and is now approaching the 1.104500 Resistance. This is similar to the late October 2017 break-out above the Lower Highs. In fact the two phases seem identical on a wider 3 year scale. The 2017 fractal reversed soon after it broke above the Lower Highs and initially reached as low as the 0.618 Fibonacci retracement level. That is currently just below the 1.04000 level, and is our long-term target on the AUDNZD pair. Notice that the RSI on the 1W time-frame is at the highest level since July 2008 of the subprime mortgage crisis. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
Short
by TradingShot
1
AUDNZD Sell signal and invalidationThis is an update to the latest long-term buy signal I gave on AUDNZD on November 01 2021, when the price was approaching the bottom of its multi-year Channel Down: Now that the pair is approaching our target and the top (Lower Highs trend-line) of the Channel Down, it is time to turn bearish. The short-term target is the 0.382 Fibonacci retracement level at 1.05350. If on the other hand the price breaks above 1.08500, this trade is invalidated and instead the pair will most likely turn bullish towards the 1.10450 Resistance. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Short
by TradingShot
1
AUDNZD Long-term Buy SignalPattern: Channel Down on 1D. Signal: Buy as the price rebounded on the 1D MA50 (blue trend-line) and is on the bullish leg towards the top (Lower Highs trend-line) of the Channel Down. Target: 1.0800 (the 0.786 Fibonacci extension) as per the previous Lower High leg. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
1
AUD/NZD 1H: Head And Shoulders👋 Hello and welcome traders to another trade ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 💡 Why should you follow our profile on TradingView? 1- Consistent chart updates 2- Clean charts 3- Short and long-term perspectives 4- Visually teaches you valuable lessons 5- High probability setups 6- Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research. Thank you for reading, Cheers to many pips! 🤝
Long
by med-aaris
3
AUDNZD | PERSPECTIVE FOR THE NEW WEEKAUD/NZD is aiming higher within the broad range despite the announcement from Reserve Bank of New Zealand's governor Orr at the beginning of the month (September 2020) that the central bank is ready to deliver more stimulus. Presently, the pair is trading above the Breakout of the Bearish Trendline hereby closing the last week above the Demand zone @ 1.09200 Tendency: Uptrend ( Bullish ) Structure: Trendline | Supply & Demand | Breakout Observation: i. The line drawn under pivot lows on the Daily chart emphasizes the prevailing direction of price as price comes back to touch Trendline once again! ii. Breakout of Rejection Trendline is another confirmation that points at an Uptrend bias. Trading plan: BUY confirmation with a minimum potential profit of 300 pips. Risk/Reward: 1:3 Potential Duration: 8 to 15 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Long
by darcsherry
AUD/NZD - price returning to weekly resistance now support?AUD/NZD price has today returned to a significant technical zone - the upper boundary of the weekly descending trend channel that has kept price in check for the past six years. Price broke to the upside from this channel in Early-August, which may signify a reversal in overall trend. However, price has performed breaks to the upside previously, only to then return back to the trend channel. Nonetheless as price action has returned to the upper boundary, we will be looking to see whether price action shows strong rejection on the daily timeframe, in which case we will enter long with an target of 1.095. If price breaks back into the weekly trend channel, we will then starting looking for potential short entries, to catch the ride back down to the lower boundary.
by TheForexFellows