AUDNZD - Bullish Internal StructureThe swing structure is bearish
Bullish on the internal structure
we can trade internal structure
Entries SL and TPs mentioned on the chart
NZDAUD trade ideas
Will We SELL Off Again @ 1.105 ??This pair has been stuck in a range between 1.105 & 1.055 for nearly 2 years and has just broke out of the short term resistance @1.095
The next logical move now is for the pair to test the top of the 2 year range above 1.10 and as it does this is where I will be looking for SELL setups.
The daily chart below gives you a clearer picture of the 2 year range and also shows you (red arrows) the 2 attempts made last year to break above 1.105 both ended up in a heavy reaction and price dropping back down to the bottom of the range.
If you zoom out the Monthly charts (image below) you can see the AUDNZD has been stuck in a longer term range between 1.14 -1.02.
This could indicate that buyers may look to push up through the 1.105 level though the Monthly chart above shows that this level has always been a hard nut to crack and there always seems to be a reaction here.
This is what I fully expect to occur I will look for short term SELL setups first looking to target the previous resistance @ 1.085 for profit taking.
This is a very basic range trading setup and would be invalidated if we get a weekly or monthly close above 1.105 as if this occurs a move up to 1.14 is highly likely.
Let me know what you think in the comment section below
AUDNZD - Double BOTTOM 🚀Hello Traders !
The AUDNZD Failed To Break The Support Level.
The Price Formed a Double Bottom Pattern.
Currently, The Neckline is Broken !
So, I Expect a Bullish Move📈
TARGET: 1.09260🎯
AUDNZD - Fibo Retracement TradeThis is the followup of the mornings AUDUSD trade. Entry at Fibo(0) level
AUDNZDPotential Short entry at the break of the current Low, and sl above the previous major high with 12 Pips, I would be going Breakeven and taking partials at 1-1 (12-Pips), Final target would be 24 Pips
AUDNZD - Fibo Retracement TradeA clean pulse is followed by a clean retracement of all same color candles. After Fib(0.318) retracement, price went back to Fib(0)level. I'm waiting for the 1H candle to close above Fib(0) level and I will enter at retest of Fib(0)
AUDNZD: Falling WedgeAUDNZD is trading in bullish falling wedger, there is diversion on RSI, the breakout from falling wedge can trigger the price and we can take entry for bullish ride.
AUDNZD: Channel Down top rejection.AUDNZD is marginally bullish on its 1D technical outlook (RSI = 58.715, MACD = 0.003, ADX = 36.182) as it started pulling back after the price got rejected at the top of the June-initiated Channel Down. All same RSI based pullbacks hit at least the 0.618 Fibonacci level and declined by at least -2.62%. Under those conditions, we are short on AUDNZD, targeting the closest of the two levels, the 0.618 Fib (TP = 1.07200).
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PURGE AND REVERTICT PURGE AND REVERT STRATRGY ON AUDNZD, its a strategy that i have used personally for the past two years taught on youtube by ict micheal huddleson himself. if you would like more plese let me know
BUY AUDNZD for uptrend continuation BUY AUDNZD for uptrend continuation
STOP LOSS : 1.0865
There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) .....
The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here .....
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
DeGRAM | AUDNZD pullback from the trend lineAUDNZD is moving within the descending channel between the trend lines.
The chart instantly bounced lower after reaching the dynamic resistance level.
The price formed a bearish takeover.
We think that the price will correct from the resistance before continuing the momentum.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
$100k Challenge - AUDNZD Short - E4 T2Hey everyone!
We have a new trade for the challenge!:D
In today's trading session, I noticed that AUDNZD is showing strong signs of a reversal, specially considering that we just rejected a few days ago a quite old resistance that comes way back from October 2023. After which the market is making a retracement that sent the Stochastic in H4to the overbought area, which grabbed a lot my attention.
Then, in the H1 chart, we can see that the market has formed a resistance area that was rejected with a quite strong bearish momentum, so I checked a smaller time-frame to zoom-in to the recent price action, which revealed that the recent retracement started to show significant bearish price action, leaving a Doji bar right at the resistance, followed by a candle with a close below the Doji's low, which gave me the green light to execute the trade.
Since we're quite close to the resistance, I see this trade as a bit of a risky move, so I left the SL 1 ATR above the last H1 high (main Idea's chart), and the plan is to consider taking the entry again around the H4 resistance in case we get stopped out in case we do see a valid entry pattern.
Regarding profit targets, I'm taking a slight deviation from the usual plan, as I'll leave both TP open, since if we take a look at the zoomed out H4 chart, there is a massive potential for the trade in case the market indeed goes through a bearish shift.
Anyways, I hope you enjoyed today's trade! Remember to follow so you can stay up to date with the trade ideas!
Until the next trade:D
Sell AUDNZDAudnzd is making a Flag pattern that has been broken. trend is going down and sell is active.
AUDNZD - In Preparation for next big moveAUDNZD is currently trading in range after a big fall. Market is currently uncertain of its next major direction. Stop order have been placed for potential breakout movements.
AUDNZD is moving in range.AUDNZD is moving in range so using support and resistance lines we can put pending orders for two cases either it breaks support or resistance.
AUDNZD mushrooming shape for shortascending channel broke downside. supply zone: 1.0900-30. stop loss above inside bar. target: 1.0810.
AUDNZDLately on AUDNZD we have been witnessing a bullish movement which was a scheme to take out the previous yearly high, and we have reversed back into the range and we are hoping for a bearish movent
AUD/NZD +50 Pips 0 Drawdown , New Entry Valid After D Closure !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Can we SELL now❓"The AUD/NZD currency pair has been exhibiting a downward trend in recent trading sessions. This decline can be attributed to several factors, including weakening economic data from Australia, particularly in sectors such as manufacturing and exports, as well as a strengthening New Zealand dollar fueled by positive economic indicators and rising commodity prices.
AUD/NZD Short idea(4/16/2024)Today after China's economic data, the Market is betting dovish on AUD.
We believe the price has made an ABC correction and it likely started the C wave.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
AUDNZD Set To Grow! BUY!
My dear followers,
This is my opinion on the AUDNZD next move:
The asset is approaching an important pivot point 1.0897
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0907
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
AUDNZD - Stop for a BreakThe AUDNZD pair seem to take stop after its bullish run. Now the pair is currently in rangbe bound situation and can break away either down or up. Both position are mentioned and entry can be take according to your own bias of pair
