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Forex-aud

AUDNZD: Lower Buy opportunity within a long term Rectangle.AUDNZD has been trading on a long term 1M Rectangle (RSI = 52.038, STOCH = 48.673, CCI = 42.575, Highs/Lows = 0.0000) within 1.02350 - 1.13350 since March 2016. I recently broke the 1W MA200 (yellow dotted line) in a candle sequence that appears to be replicating the March 2017 pattern. This sequence (2017) followed with a strong rejection (on the second 1W candle after the break) towards the 1M Support and then bounced back up to towards the 1M Resistance. What leads us to believe that the same price action will be repeated, is that the patterns before that 1W MA200 break, are identical: First a Channel Down leading to the 1M Support, followed by a minor rebound to the 1W MA50 for rejection, new Channel Down and again a rebound towards the MA200. Therefore the probabilities for replicating this are high and thus we will wait for the pull back (within 1.0500 - 1.0400) to buy towards a 1.11723 - 1.12929 Target Zone. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Long
by InvestingScope
AUDSGD 21/09/2019Hello Traders! We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot. If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH? So SM must BUY LOWER and SELL HIGHER :) We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM. Here u will find a thought process to identify these spots on chart, where SM stuck with their orders. We want to play with SM so, we looking for entries (depending of direction) on HEC in 3 spots: - top of WICK - top/bottom of BODY candle - 50% of BODY candle CHARTS AGENDA: SM - SMART MONEY PA - PRICE ACTION HEC - HIGH ENERGETIC CANDLE (LAST OPPOSITE CANDLE BEFORE MOVE) <- SM MUST SELL TO BUY AND BUY TO SELL :) BITCOIN SIGN - MONEY POCKET (SL, BUY STOPS, SELL STOPS) - EQH - EQUAL HIGHS / EQL - EQUAL LOWS BLACK ARROWS ARE ABOVE AND BELOW THESE MONEY SPOTS POINTING FUTURE TARGETS BLUE LINES - ENTRIES WITH SMART MONEY MITIGATION MOVE - SNIPER ENTRY FOR US BLACK LINES FOOT PRINTS - SPOTS ON CHART WHERE SMART MONEY SHOULD COME BACK TO GET OUT OF THEIR POSITIONS IN DRAWDOWN (SM MUST SELL TO BUY AND BUY TO SELL) - POTENCIAL SNIPER ENTRIES BLACK BOX - GAP's (IPA - INSUFFICIENT PRICE ACTION) - SPOTS ON CHART WHERE PRICE MOVED TOO FAST, AND LEFT SOME "WHOLES" IN PRICE ACTION WHERE ALGORITHMS WHAT TO COME BACK AND FILL IT BY "HEALTHY" PA. Hopefully u will get some value from this markups;) GOD BLESS U ALL!
by Snipers-Academy
AUDNZD The Third MoveHELLO TRADERS, It is likely that we have completed the regular flat correction there in the middle and now we are headed up to complete the bigger 1-2-3 move. Look out for a rejection at the trend line above because once it reaches there it can fall back down and start making a more complex correction, which means that the the impulse to break the 1.1474 zone has still not started and we are still in a more prolonged correction! We will have to re-evaluate price action as the price moves along. Stay tuned! Check out some of my other ideas posted under 'related ideas' down below. Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis! THANK YOU & GOOD LUCK!!
Long
by UnknownUnicorn852976
AUDCAD The Monster Wave Up Will ComeHello traders, This correction has been going on for years now and as of July this year, I have been waiting for the big wave up to the red trend line at least before deciding whether this will actually be the big impulse move or just part of a WXYXZ correction pattern. Let us first see how the price will react when it goes back into the correction range at the green trend line! If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below! Please don’t forget to follow, I will be posting forecasts & trade setups daily. Thank you, Good luck
Long
by UnknownUnicorn852976
EUR/AUD ready to fall as many analyses showing a possible top.Hi, The FX:EURAUD its very interesting in my opinion at the moment. In the long term we have a trend line which the EURAUD its fighting right now which means that if it breaks, it will give extra pressure for the shorting side. On the Daily chart looks like we have a possible H&S formation which we re-tested the neckline yesterday and today we are breaking to new lows. On the 4hr looks like a possible flag is in play which targets the 1.5740 area. For this reason I have shorted this pair at 5943, with SL at 6034 and TP at 5700 area (3.00 RR). Thanks and good luck.
Short
by dcm2020
1
EURAUD 1.6350 MAJOR RESISTANCEOnce price reaches 1.6350 I will be keeping an eye out on price action and I will be looking for Daily/4HR reversal patterns to form before going short or a break of the Counter-Trendline. (First Target 1.60255, 2nd Target 1.57000) |If we have a nice weekly break of the Uptrend, I will Hold onto dear life.| -This setup will be invalidated if we have a Daily break above 1.6350 (we can look to go long if we get a retest (Targets for this will be 1.6550) (If you're in Longs from my previous call my final target will be 1.6350, around 120 pips away)
Short
by Lm7ee
AUDNZD - Wait for rejectionGood night everyone, Audnzd is being on a strong buying rally from 1.03 level As we can see on weekly chart (left) AUDNZD broke the uptrend tested multiple times and now it re-testing it, it may work as resistance. On the daily chart (right) we can see price is now struggling on our 200 sma , should the price close under 200sma then we might have a good opportunity to short aiming 1.059 and 1.045 levels, RSI is already overbought. Watch out since this wednesday we have variation in employment numbers (sorry if this is not the proper translation) and this number reveal the strenght (or weakness) from australian market. Good trades everyone . This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
Short
by MarcelMartins
AUDUSD short term sell!Hello traders, as you can see I'm looking for sell on AUDUSD. It broke the smaller trendline and now we have to wait for some sideways candles to confirm down move. The bigger picture looks upside, and for that reason as i mentioned it will be short term trade. Usually i don't trade against bigger picture, but in this case RR ratio is amazing for me and thats the reason why i wanna take that sell. Down below you will find my bigger picture. BONUS: Don't jump into the sell now, even if it drops fast. Chart will always correct and that's the place for safer sell! Make the bank rolls! ;) $$$$ My daily view on AUDUSD! If you like what i do click that like & follow button. Likes and followers motivate me to spend my free time posting content for you! Thank you for your support! All the best, Antonio
Short
by AntonioM
2