Looking for the continuation of this down trend after a long daily retracement. Hidden bearish divergence on the 1H and 1D charts. Long term sell
Hope you all had an amazing holiday/rest :)
...Good luck
Price broke through an ascending trend line and is now retesting the broken zone. We will be ready to take a nice short if we get confirmation on the lower timeframe such as the 4h or 1h.
Seasonally, NZD outperforms AUD from the beginning of September and sellers came right on queue
Continue to look for intraday sell setups targeting the blue zone.
What we see is the formation, on the fifth bullish wave, of an interesting double head and shoulders.
The two neck lines, in addition to being in parallel, have already suffered a breakout. Now we are in the pullback phase.
a great time to get into short on about 200 pips.
What we see is the formation, on the fifth bullish wave, of an interesting double head and shoulders.
The two neck lines, in addition to being in parallel, have already suffered a breakout. Now we are in the pullback phase.
A great time to get into short on about 200 pips.
Hello Traders,
Price is forming reversal pattern. This is a short term sell to the bottom tren line. I'm looking to sell as much high as possible.
Good luck!
Cheers,
Jonas
Hello Traders,
Price is forming trend continuation pattern, look for sell as much higher as you can. You can buy for short term but it is very risky.
Good luck!
Cheers,
Jonas
SHORT AUDNZD:
1. Based on the last 16yrs of daily close data (since 01/01/2000 to date) AUDNZD has a cumulative probability of a =>7th day lower at 0.5%, hence there is a implied 99.5% chance of reversal on the daily.
2. Technically there is also some nice structure about the 1.045 level.
Trading Strategy:
1. Sell AUDNZD at market in 1xlot, and add 2x on...
SHORT AUDNZD:
1. Based on the last 16yrs of daily close data (since 01/01/2000 to date) AUDNZD has a cumulative probability of a =>7th day lower at 0.5%, hence there is a implied 99.5% chance of reversal on the daily.
2. Technically there is also some nice structure about the 1.045 level.
Trading Strategy:
1. Sell AUDNZD at market in 1xlot, and add 2x on...
![AUDNZD: [AUD/NZD] Train to Take profit!](https://s3.tradingview.com/o/opYRte2i_mid.png "[AUD/NZD] Train to Take profit!")
