jolicoeur342
Long

AUDNZD - NEXT WEEK FORECAST (SEPT 4th - 9TH, FREE PIPS)

FX:AUDNZD   Australian Dollar/New Zealand Dollar
3970 49 110
AUDNZD             just hit a STRONG MONTHLY LEVEL, so i'm expecting a huge reversal also completing the double bottom on the DAILY CHARTS! I will have 3 TP's set, the 3rd is around 1000 PIPS higher =)
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Simple trade with around 0 risk.
Really worth             the trade!
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If you have any QUESTIONS/COMMENTS, leave them below, I will make sure to answer!
If you like my analysis make sure to hit the LIKE and FOLLOW button =)
Comment:
snapshot
Similar to AUD/NZD, NZD/CAD EUR/NZD NZDUSD all at critical levels. The question is:
1. Which pair to trade?
2. Plan, buy now or wait for big confirmation candle?
I believe many traders can see these obvious critical levels. It is the disciplined execution to determine the trading result!

Thank you again for sharing!
+3 Reply
EURNZD i didnt called the BUY yet because the candlestick ISNT confirmed, BUT ! on AUDNZD the reversal pattern is confirmed with the CANDLESTICK PATTERN =)
+2 Reply
mnwind jolicoeur342
Got it. Nice weekend!
+2 Reply
Thanks! You too =)
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SemutTiong jolicoeur342
nice
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Completely agreed! A huge reversal zone with a potential to test at least 1.0550. However, take care for below 1.0300.
+1 Reply
jolicoeur342 PRO nikolasbertolini
If you check with the candlestick pattern on the daily chart the risk of going lower is VERY LOW =) Thanks for your comment!
+1 Reply
nxtleveltrader jolicoeur342
Great analysis I'm forecasting exactly the same, ill be entering on the breakout here hopefully it will this coming week!
snapshot
+2 Reply
Deanstatue nxtleveltrader
Are you able to share more of when you will enter & what your 3 TPs will be? I obviously understand its speculation but just interested & looking for advice
+1 Reply
for myself, I will enter right away with a SL around 40 pips lower
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jolicoeur342 PRO nxtleveltrader
The daily chart made me buy already! candlestick pattern is already confirmed!
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Are you able to share more of when you will enter & what your 3 TPs will be? I obviously understand its speculation but just interested & looking for advice
+1 Reply
Deanstatue Deanstatue
1.0526 is TP1 yeah? 1.07366 & 1.13003 correct
+1 Reply
Yeah!
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Like i said the the previous comment, I will enter right at the market open + i will add a buy limit at 1.035 with a SL around 40 PIPS lower
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Deanstatue jolicoeur342
Thanks for your reply
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your trades are awsome . I am in this one . please keep us updated
+1 Reply
I will!
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Thank you for sharing.totaly agree, on the chart is visible a pending long position on the breakout, I use the same method Double bottom,W / M pattern, pending Harmonic pattern.!! Great,!!!!
this idea can be valid 4 all month.!!!!!!
+1 Reply
The daily candlestick pattern is enough confirmation for me, with that monthly support
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Rarely think that a trade can be 0 Risk... but for very low risk, other than monthly critical level, price action or Gartley...any other strong reason for you to suggest this entry a very good trade? Thanks for sharing.
+1 Reply
I dont use harmonic pattern, its too unaccurate, price action, supply&demand and candlestick pattern have been my confirmation on this chart
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Hi jolicoeur I wanted to ask the entry price and stop loss price I can't see them clearly , also I have inbox message you here on tradingview kindly check and reply once free
Need some guidelines
+1 Reply
jolicoeur342 PRO talha.asghar.37
You can enter anytime low risk trade like i said i will also add a buy limit ar 1.035 SL would be 50 pips lower
+1 Reply
talha.asghar.37 jolicoeur342
So for the first three targets you will have separate 3 entries as soon as market opens and the 4th one will b at 1.0350 and sl for all of them will be 1.0300 Correct ?
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That's great
+1 Reply
jolicoeur342 PRO SiamSamuhatananon
Thanks!
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UNLIMITED jolicoeur342
AUD NZD should fall (later) even deeper ... just last 3 months 2016 up ...

Buy when touched @ 1.0182 & 1.0021

SL 0.92

1. TP 1.048 & 1.0565
2. TP 1:07
3. TP 1.1230

1200 P should come
+1 Reply
nxtleveltrader jolicoeur342
Im in also, like you said jolicoeur great RvR once the up impulse goes it should be pretty fast.
+1 Reply
jolicoeur342 PRO nxtleveltrader
yeah exactly! when you look at the way the pattern look + if you go on MYFXBOOK 91% of the trader are LONG... so the only thing is that be ready to handle MARKET MAKERS move! =) but other than that we should go up quickly
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nxtleveltrader jolicoeur342
Ive just recently been looking at that MYFXBOOK it looks like great software! Do you use it to analyse your trading?
+1 Reply
jolicoeur342 PRO nxtleveltrader
No, not at all i never use other opinion to do my chart, but somebody told me 91% on the trader that are registered on this website are buying AUDNZD .. so im expecting maybe some MARKET MAKER FAKE OUT MOVES!
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so it formed a Double Bottoms, Adam & Adam's right ?
but on another side of the coin, it also forms Double Tops, Eve & Eve ?

Which one do you think it formed and why ? Thanks in advance !! BTW i have opened a long position too !!
+1 Reply
jolicoeur342 PRO Wave-Expert
The double top is completed already
+1 Reply
Wave-Expert PRO jolicoeur342
Thanks !!
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I entered long @1.0370, TP: 1.0550, SL:1.0300.
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can u tell me the entry and s/l
+1 Reply
SL would be UNDER the SUPPLY & DEMAND zone
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PhaniKumar jolicoeur342
thanks
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Excellent!
+1 Reply
jolicoeur342 PRO DavidLuizBerdugo
Thanks!
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agree on this idea. i entered via bullish gartley pattern last week near the lows.
+1 Reply
nxtleveltrader jolicoeur342
BOOM =D
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nxtleveltrader nxtleveltrader
snapshot
+1 Reply
jolicoeur342 PRO nxtleveltrader
Re-test incoming
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PHL jolicoeur342
painful one. reading your messages above I guess you got stopped out? the market said hi in front of my stop loss but still in for the moment and sweating a tiny little bit.
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can anyone tell me please how can I post a chart here
+1 Reply
There is a button when you do your chart looking like a camera, bottom right, click on it and click on "Copy Link" and then copy it in your comment!
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