FX:AUDNZD   Australian Dollar / New Zealand Dollar
247 5
AUDNZD reached its Time at Mode target indicated by the blue arrow during todays trading session. The bounce seen at this price coupled with the bullish 4H RSI divergence shown with the light blue lines makes this an attractive pair to long in the event of a trend resistance break as shown with the red line.

I'll be watching this pair in the early trading days next week for a potential entry similar to the one shown, targeting the 1.056 area.

Don't forget to subscribe to my trading system "PipSqueak" on myfxbook.com to follow my strategy aimed at long term sustainable equity growth. https://www.myfxbook.com/members/autotra...
Comment: Looks like the blue arrow I mentioned didn't show up on the chart... Anyway the area I'm talking about is where the lower green box intersects with the light blue RSI line.
Trade active
It could form a bottom around here indeed. This pair is a bit tricky though, rarely trends for long.
+1 Reply
QuileHills IvanLabrie
It definitely can be tricky, I usually stay with smaller positions on AUD and NZD pairs to minimize risk.

Still getting the hang of Time at Mode analysis.
IvanLabrie QuileHills
You're off to a good start, there's a lot to digest, but it can be a very powerful analysis tool.
Stop by the 'Key hidden levels' chatroom if you want to learn a bit more.
You can join our team ;)
+1 Reply
QuileHills IvanLabrie
Sounds great! I have to head out for the rest of the night but tomorrow I'll get in there. Thanks!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out