piphunters
Short

AUDNZD: Opportunities not to be missed!

FX:AUDNZD   Australian Dollar/New Zealand Dollar
1067 16 29
6 months ago
The pair is in a weekly corrective structure and looks about to break down which if it does will provide plenty of downside and good opportunity to go short, bounce back up to the top of the weekly structure is not out of question and it too will be worth going long if we are to bounce.

IMPORTANT: The setups posted here are not trade calls and are intended for informative purpose only and you should use your own strategy to determine an entry. I am unable to post everything here on Trading View, if you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
6 months ago
Comment:
snapshot
6 months ago
Comment: broke to the downside
If you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
farid_ardavani
6 months ago
snapshot
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piphunters farid_ardavani
6 months ago
thanks for your view and good trading
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lukelehepuu PRO
6 months ago
Really good chart here! It is slightly worrying that we could see another push up here into that resistance line you have shown, but ultimately a break down is what we are looking for! Do you use any indicators, i.e. RSI, MACD?
AUDNZD BROKEN SUPPORT - SHORT ENTRY
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piphunters lukelehepuu
6 months ago
No indicators, don't worry this is a weekly chart and let the price break or bounce before entering, you'll plenty of chances to make a good entry I believe.
+1 Reply
lukelehepuu PRO piphunters
6 months ago
Technically we have close below the trendline, on the daily we only just closed below. So technically the structure is now invalid and we should see a move down, but who knows :) fantastic charts! got to love these markets :D
+1 Reply
Wave-Trader TOP
6 months ago
agree sir
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piphunters Wave-Trader
6 months ago
thanks
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Wave-Trader TOP piphunters
6 months ago
you are most welcome sir
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marcus123
6 months ago
nice analysis!
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piphunters marcus123
6 months ago
thank you
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Yahia.Awes
6 months ago
This is a bullish pattern, don't get fooled by he market.
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piphunters Yahia.Awes
6 months ago
no problem if it gets bullish we buy if it breaks down we sell, right not doing anything.
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TF.
6 months ago
nice chart
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piphunters TF.
6 months ago
thanks
Reply
mabaert PRO
6 months ago
breakout?
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piphunters mabaert
6 months ago
not yet I would say but it definitely looks to me it will!
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