AUDNZD SHORTSAUDNZD has broken out of a long-term triangle pattern on the daily charts, suggesting a possible significant downward movement ahead
NZDAUD trade ideas
10 Daily Outlooks. D3. EU, GU, US30,100, BTCUSDWill analyse markets and possible entries every day for 10 days. Send your pairs or questions
☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion.
Bullish confirmation as a key support level is being rejected.A clear support level plus a divergence. This aligns with my higher time frame bias.
AUDNZD SetupOverall market trend is bearish, and so we expect sell order from an unmitigated orderflow on 1 hour time-frame.
AUDNZD looking good to start a bull runwith bullish divergence the pair has broken the downward trend and is now entering in bullish phase by making a bullish flag pattern which is a good sign for its upward trend
THR HOLY GRAIL 4 hr follow up q1 2024- The distortion From price A to the valley connecting B the rsi valley connected B’ from A’ on the rsi channel support that broken the support or the macro range historical support and SC from into an elongated XY test , pushing the rsi into the range of C’ at the diagonal support of the price’s triangle..
DeGRAM | AUDNZD short from the kill zoneAUDNZD is making lower lows, indicating a bearish trend.
It is currently near the resistance, 50% fibo, and psychological level at 1.07000.
The market created a kill zone: the major trend is bearish, resistance level, fibo.
We expect a trend continuation trade potentially retesting the support level.
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AUDNZD | Hidden Bullish Divergence | AB=CDAUDNZD chart currently shows the formation of AB=CD patterns , indicating a Potential Reversal Zone (PRZ). Additionally, there is a hidden bullish divergence, confirming a bullish trend. Both indicators collectively suggest that the trend has shifted to an uptrend.
In technical analysis, an AB=CD pattern is a harmonic pattern used to identify potential reversal zones where the price might change direction. The completion of this pattern at the PRZ suggests an area where traders might anticipate a shift in the prevailing trend.
The hidden bullish divergence further supports the notion of an uptrend. This occurs when the price forms higher lows, while the corresponding indicator (such as the Relative Strength Index or RSI) shows lower lows, indicating underlying strength in the bullish momentum.
Taken together, the presence of AB=CD patterns and the hidden bullish divergence provides a stronger indication of a shift to an uptrend in the AUDNZD chart. Nevertheless, traders should conduct a thorough analysis and consider other factors before making trading decisions, as market conditions can change, and relying on multiple indicators enhances decision-making accuracy.
On the 1-hour time frame , there is a hidden bullish divergence, and an Inverse Head & Shoulders pattern has formed, both indicating a potential reversal. Additionally, according to Dow Theory, the market is printing new higher highs (HH) and higher lows (HL).
A hidden bullish divergence occurs when the price forms higher lows, but the corresponding indicator (such as the Relative Strength Index or RSI) shows lower lows. This signals underlying strength in the upward momentum.
The Inverse Head & Shoulders pattern is a bullish reversal pattern characterized by three lows, where the middle low (head) is lower than the two outer lows (shoulders). Its formation suggests a shift from a bearish to a bullish trend.
According to Dow Theory, a bullish trend is confirmed when the market prints new higher highs and higher lows. This aligns with the idea that, in an uptrend, each successive high and low should be higher than the previous ones.
In summary, the confluence of a hidden bullish divergence, an Inverse Head & Shoulders pattern, and adherence to Dow Theory principles collectively suggest a strong indication of a potential bullish reversal on the 1-hour time frame. However, it's crucial to consider other factors and perform comprehensive analysis before making trading decisions.
AUDNZD: Bullish Divergence Sparks Reversal Potential📈 Overview:
AUDNZD, previously bearish, now displays bullish divergence with the formation of the first higher low and higher high on the 1-hour timeframe. Market sentiment at 94% long adds strength to the reversal signal.
📊 Technical Analysis:
Bullish divergence, coupled with higher lows and higher highs, indicates a potential trend reversal.
📉 Market Sentiment:
With 94% long sentiment, there is strong support for the anticipated bullish reversal.
📉 Trade Strategy:
Consider long positions, aligning with the bullish signals, and anticipate further upward movement.
🛑 Risk Management:
Mitigate risks with effective stop-loss orders to protect capital.
📈 Conclusion:
AUDNZD offers a concise opportunity for a bullish trend reversal, supported by bullish divergence and strong market sentiment. Monitor for confirmation and adjust positions accordingly.
Bullish Engulfing Bar on Monthly/Weekly supportBullish Engulfing Bar on Monthly/Weekly support.
Monthly is still bullish
Weekly is bearish
Hoping to get back to some bullish action
10 daily outlooks. D2Will analyse markets and possible entries every day for 10 days. Send your pairs or questions
☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion.
AUD-NZD Will Go Down! Sell!
Hello,Traders!
AUD-NZD broke the long
Term rising support line
Then went down and is
Now going up to retest
The broken support
From where I will be
Expecting a further
Move down
Sell!
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Check out other forecasts below too!
AUDNZD Sells 1%:35%RRPrice reacted well to Weekly POI and now expected to push higher to then come down to clear last buys.
AUDNZD short ideaShort from 1.06927 untill 1.02843
Stop loss: 1.08209
Short from: 1.06927
Target: 1.02843
AUDNZD's trend changed from bearish to bullishAUDNZD is now in bullish trend after the bullish divergence. Buying at this level and setting stop loss below the low of the bullish divergence.
AUDNZDThe price reaching the trend line and collecting liquidity in this area is an attractive idea for buyers with a specified target
AUD NZDAUDNZD Bullish idea, trend reverse from bearish to bullish as per 1 hour, bullish divergence, head & shoulder pattern, entry at current market price, stop loss at last lower high and tp is 1:1 RR.
⚡️AUDNZD CMC TRADING ⚡️MAJOR DEMAND ZONEAUDNZD is currently positioned within a significant demand zone, where a burgeoning bullish sentiment indicates the potential for a bullish reversal, with the highlighted zone being regarded as a buy zone, particularly under the daily timeframe. Should the bullish sentiment persist and strengthen, it is conceivable that a robust bullish trend will emerge, driving prices upward and possibly retesting the upper boundary delineated by the channel.
AUDNZD Possible Long PositionBBMA OA Strategy:
H4 - Candle close above MAHI
H1 - CSM/Candle Close Above 50 EMA
M15 - wait for Reentry ( Yellow Line )
Note:
* 1:3 RRR (10 sl, 30 tp)
*TAYOR
AUDNZD - Bullish ReversalThe currency pair is trending in a bearish trend while a Bullish Divergence on RSI has signaled a possible bullish reversal. Half confirmation by Dow Theory has been received as last LH has been broken. Long positions may be planned if last high is broken.
