Price is about to end a short term corrective structure after a very sharp upmove.. Just wait for a breakout and go long with this pair.
Very simple one, buy the breakout to the upside.
Long AUDNZD Structure looks ready for a break out in the bullish direction.
I am currently short this pair via short NZD/USD @ 0.687 see NZD/USD GUNDABAD ORC ON THE BACKFOOT 2 UPDATE long AUD/USD @ 0.699 see AUD/USD - DECISION TIME (UP) but looking to get short outright when we break 93c, SL 95c, TP1 87.5c (RR 2.75)
Good day traders, AUDNZD is not able to resume bullish trend so bias is bearish. I´m entering short with a first target of 1.05 to move stop to B/E I´m considering to share my Tradingview trading journal but it seems not working properly yet in updating balance / equity. Would you be interested ? You can subscribe to my mailing list for FX Alerts :...
Everything is said in the other trading idea. Set back and relax now
Fundamentally we have the Reserve Bank of Australia with a neutral stance and the Reserve Bank of New Zealand with a neutral stance after the latest rate cut. In fact the NZ CPI Figures are scheduled for this week before we head into the showdown of the RBNZ in the last week of January. I am expecting a drop in NZ CPI Figures of round about -0.5%, while the newest...
Price broke out of the huge range between June and October Created a new structure low in November Pushed back and tested the previous support turned resistance Has not set a new structure low, but some interesting aspects on price action here -Price fell back into a range in line with previous support -After a single day move up to the .5 Fib level, had a...
Hello everyone we have a potential pattern along with some structure. We can buy this pair as well from the TL, OR sell if/ when the price goes to the patterns last leg. If the price breaks to the downside and confirms the breakout we have another pattern around 1.0243. I have highlighted the bullish target for now. Good Luck For info:...
If price doesn't skyrocket to the first relevant structure to the upside, I'm buying according with the notes on the chart.
Possible Expanding Triangle Corrective pattern See what happens when we get to the 0.382 at 10765 Beware Elliott believes Wave E will often overshoot pattern line
AUDNZD has completed the "e" leg of an expanding triangle in a complex triple three correction. Triangles commonly mark the end of a three wave reactionary wave and thus an upcoming bullish move may be impending. A possible cypher will make for an optimal entry long. In the case of the triangle continuing to 2 or 4 additional three wave moves off of the...
AUDNZD is nearing the PRZ of a bearish bat pattern on the hourly chart. The bearish bat may complete the wave (ii) retracement to continue the bearish trend down to wave (iii) completion. The PRZ of the harmonic pattern is confluent with previous fourth wave support. Entry is placed at .886XA with SL at 1.1XA and target at (i) = (iii).