A 'buy' trade idea recently presented itself on the Aussie-Kiwi trading chart, following the bullish harami candlestick pattern at the end of the bearish move just above the 1.09788 daily horizontal support level. This signals a change in trend to the upward direction. With entry at the 1.09791 price level and a stop of 1.09571 (22.0 pips), a reward-to-risk ratio...
Hi guys! 👋🏻 🔔 Following this setup for AUDNZD. Looks like the pair will be rejected by the dynamic support which is currently tested as resistance. Not a perfect Gartley pattern is also on the watch. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
looking for a candle close above the trendline for a long trade. Happy Trading! Cheers!
Yes, this is my last trade idea for this yr...! AUDNZD, Hit my target perfectly this week - 200 EMA. Great way to end this week! It's getting to end of the yr now, keep that in mind whilst trading. Technical view, daily time-frame: Broke out of smaller inner channel hit the 161.8 Fib Area, as well as inverse H&S Reached target so we could fade, now we could...
With the Reserve Bank of New Zealand (RBNZ) explicitly expressing their intention to weaken the currency and willing to contemplate negative interest rates and purchasing foreign assets if required, the NZD is likely to continue on a weakening path. The Reserve Bank of Australia (RBA), on the other hand, expressed their wish to see AUD lower but would not say...
#AUDNZD (Update) Forming Ascending Channel Pattern & Printing RSI Bearish Divergence As Well in 4h Chart. Expecting Bearish Wave towards the Major Support Area (Mentioned in Chart) Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
There is a potential buy setup after the break and retest of the resistance zone and the is a potential sell setup on the break and retest of the support zone.
The Weekly and Daily Time Frame are all bullish in middle of making their way up to resistance, coming from a strong solid support, the weekly time frame had scored a point and pulled back but I still believe that this is going up higher. the market has formed a double bottom and already broke the counter trend line Im going to wait for the market to pull back...
AUDNZD longer term time frames is showing a double bottom, since then the market kept going up, recently the market toke out a high and paused for a little bit, now the market broke out again with a Counter trend line break with a bullish engulfing candle showing continuation of the bullish move.
SHARK pattern on AUDNZD - Long Opportunity ENTRY1: 1.05309 ENTRY2: 1.05461 SL: 1.05202 TP1: 1.05627 TP2: 1.05830 TP3: 1.06156 !!!DISCLAIMER!!! Trading Foreign Exchange Currency Pairs (FX/Forex) and/or Contracts For Difference (CFDs) on margin carries a high level of risk to your capital. These derivatives may not be suitable for all investors. The information...
this pair is about to go on a run down to around 1.03 levels. there is a nice double top pattern that sets its up nicely along with a highly respected down trend resistance that has continued to hold. i would go short now, it should bounce off of a close support here within the next couple of days, but continue its downward momentum for the coming weeks.
Simple trade set-up. Double Demand hit off Weekly Horizontal and Daily Trend-line. Nice Hidden Bullish Divergence on the Daily. Look long from this area.
AUDNZD was pushed down by the positive CPI which was double the prediction good news for the kiwi traders... On the AN chart, it was pushed down a important structure are which immediately got retested and failed. it was also a sign of a breakout of consolidation for a longer period, and a break of the bullish trendline
This is my idea of a play on the aussie. Good CPI tonight will put another leg to the upside and we can hopefully break that 74.500 region.
AUDNZD huge trend continuation after retracement to demand demand/support zone. RRR 3:1 GOOD LUCK
Currently shorting AUDNZD Entry @ 1.085 Break of Countertrendline Reversal off Supply Zone and PRZ Monitoring Price Action for signs of bearish momentum To enter the market again
My analysis assumes that the YEN may rise this week and gonna be strong because of BOJ policy Rate this Friday. Drag the Fibonacci level already passed the 61.8 % - 50 % level, after the body candle close below 50%. I would enter the position and put the stop loss just above the 61.8 % price which is around 83.200. Just make sure to watch the margin level and...