AUDNZD BREAK THE 23.6 LEVEL OF FIBONACCI
as we can see my indicator showing me AUD is a bit oversold and it might be signal to go up.Its a bit late jump in to trade but i think later better then never. Im just begginer and kinda playing with charts now with my Demo acc so every advice is welcome and appriciated :)
Main Items we can see on the chart: a) The price has faced a resistance zone and now we are observing a reversal movement b) The current level is a critical zone because this reversal movement can be either a correction for further bullish moves or the beginning of a new bearish trend c) SHORT SCENARIO: If the price breaks below 1.06 the next bearish...
TF: 8 Hr I think if price can fall out of the this rising megaphone pattern, than some selling will happen. I think a TP 1 could be at the .382 and 0.50 levels (in between them). If price really falls, than 0.618 would be a good level to exit and maybe re-enter long as price would be testing the a respected trend line
AUDNZD potential short opportunity. The price is currently at a neckline of the double top formation. If the price would be able to break below the neckline, we will be looking for short entries in a pullback phase. Follow @MF_Forex for more analysis.
AUDNZD is touching the lower band of the channel and we might see a bounce from here ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
AUDNZD is touching the lower band of the channel and we might see a bounce from here ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze...
Now hear me out. Ill be monitoring price action on the 4h timeframe for entry. This is a swing trade as you can understand. The break of the uptrend has started and its forming LH and LL so we cant look for buys as of yesterday. You can see the wick rejections on the top levels indicating double tops. RSI is overbought and we have divergence at those DT levels....
Hi all, For more stuff find me on telegram: t.me/FXT_TL. Sharing my thoughts on the AUDNZD pair for the upcoming week(s), no entry yet. What oppurtunity do we have on this pair? well let me tell you: We have created a M-pattern wich is giving us information that we might want to go down. Also we might see the H&S pattern being created like shown, wich in the end...
AUD/NZD has formed a cup and handle patter at a key zone and trendline. Looking for long positions.
AUDNZD is reversing from the upper band of the channel and is likely to go a bit lower before it touched the lower band. Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency...
AUDNZD is reversing from the upper band of the channel and is likely to go a bit lower before it touched the lower band. Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.083). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDNZD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.083). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDNZD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Please hit the like button to support our ideas in the future. Thanks! TECHNICALS: The pair is completing a pullback to the broken wedge pattern which aligns with a recent resistance level, effectively forming a double top pattern. The 1.08 round-number level also provides a nice resistance to the upside. 1-hour chart: Signs of overbought conditions with strong...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!