FX:AUDNZD Once the price breaks through and a candle closes below the neckline, i can enter the market with a sell order. Target is measured by taking the height of the actual pattern (from neckline to the top), and extending that distance down from the neckline. Safe trades;
There's a quarterly time at mode downtrend expiration signaling a long trade is possible, whilst the daily chart shows a falling wedge with an uptrending RgMov, displaying a nice channel. I'd suggest looking for an entry if the last daily high is breached with an up bar. Entry would be a buy stop with a 1 atr stop under the last daily low. Good luck!
In this chart I describe the relationship between gold, the pound and kiwi. I think we have a very strong trend going, which hasn't ended. It's highly possible that the gold EW count in the related ideas pans out, which would correlate with the bullish signals I obtain from the gbp/nzd and gbp/gold charts using time at mode. Initially, we had a correction after...
AUDNZD has made five waves up since April, which means that primary trend is bullish. As such we will be expecting more upside after any corrective retracement. That will be blue wave B, which seems to be a triangle, possibly near completion, because we see red wave E in progress, which is a final leg within a contracting triangle. We could be looking for long...
We can see a SHS configuration has been completed, in fact, I do not recommend the transaction at this time, too late, the risk is too high, two or three days is a good opportunity to short selling, if the 50-50 type rebound occurs. Suggestion: the above are for reference only, please careful consideration before use, welcome to discuss
Commodity currencies (AUD, NZD, CAD) underwent a short-squeeze following the Federal Reserve's decision to leave rates from zero-to-25 bps, which is theoretically more supportive for commodity speculation. However, after market participants digested the ultra-dovish FOMC, commodity currencies got monkey-hammered lower. AUDUSD was pushed higher to .7276 on Friday,...
AUDNZD triangle/pennant offers a trade removed from direct FOMC influences over the next few days. Longs are eyed above 1.1305 with a stop below 1.0895. Shorts are eyed below 1.0895 with a stop above 1.1305. Daily momentum indicators (Stochastics, MACD) are starting to align bullishly in concert with the weekly timeframe.
Good morning traders, I´m entering a small long position on AUDNZD after the breakout of descending diagonal, above Kumo and bullish price action . Stop placed below 1.106 . As you can see a considerable risk , so trade small on this one. 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a...
Over the past months AUDNZD has been forming a triangle which has held up very good, with some reversals that have been very exact on both upper and lower border of the formation. As put here RISK:REWARD is about 1~5. Notice a significant improvement of this could be had with a different entry. An entry at the first touch of the drawn line could potentially make...
Shorted yesterday AUDNZD at the top of the channel. Good R/R Now with Break-even stop. Partial Target: mid line of the channel (dotted blue line) 1.104 Full Target: Low of the channel 1.092
FX:AUDNZD With a sharped downward trend, the continuation of this movement is expected, eventually after a period of consolidation between resistance and previous support structure (blue zone) . If the price stays above the breakout zone, support, we may eventually see the price rise to 61.8% zone and then to continue the movimento downward. Wait for the...
Analysis on chart + neowave wave chart (weekly plot) + a new indicator I coded. See related ideas for the code. Good luck! Ivan.
Analysis on chart + neowave wave chart (weekly plot) + a new indicator I coded. See related ideas for the code. Good luck! Ivan.
Entry point at 88,6% Fibo of XA leg confirmed by a trend line and 200 SMA (15 min chart) SL at 113% Fibo of XA leg TP at 61,8% Fibo of AD confirmed by previous structure or more (trading with the trend) Perfect ABCD This is a trade that goes with the trend, but there's a chance that the prices will consolidate or even go up, because the market has reached a...
A lot of "IF's" obviously, especially because the market has been snaky lately; I'm Short, with expectations to test the trendline support; (blue line) I'm Long IF price forges point D. Notes on chart; Pattern objective: Enter Long at D SL below X (check previous structure) Targets: TP1 38.2% retracement AD TP2 61.8% retracement AD Safe trades; open.spotify.com
I do appreciate all views be it a like or comment, and if you subscribe to this analysis, you will receive all of our real-time update! Thanks! SignalSuisse www.nonsolotrading.com