The market hasn't over so many opportunities at the moment a that is worth to trade in my opinion. Lately, .. the market has just gone very corrective that has last for several weeks startingin early Novermber. Nevertheless, AUDNZD pair is still something to keep our eyes on, in my opinion.
This pair has reach the daily double bottom area (inflection point) while...
AUDNZD made a bullish reversal after the completion of an ending diagonal pattern. The impulsive rally has made a two swing high, the i-ii, (1)-(2) wave structure.
The completion of wave (2) correction which unfolded as a double zigzag, terminated at 61.8 Fib, and enclosed within a parallel channel indicated that the price action might have found a bottom in the...
-As mentioned in the previous analysis, 4H rejected the 1.05630, Looking for the move from LH to at least a Low or a LowerLow.
-30m is still making it's move from our new LL to LH. will see which scenario will play out and update accordingly.
When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, price may breakout above the...
The counter has been on a selling spree for the last 3 months.
Now, it has broken down a critical support level of 1.05620 and retested it, validating the breakdown.
Hence, we expect the pair to weaken further from here.
Hey tradomaniacs,
welcome to another free setup!
AUD/NZD: Daytrade-Execution
Market-Buy-Order: 1,05420
Stop-Loss: 1,05140
Target 1: 1,05690
Target 2: 1,05900
Target 3: 1,06260
Stop-Loss: 27 pips
Risk: 0,5%
Risk-Reward: 3,13
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t...
AUDNZD 4H timeframe analysis, the overall market structure is a sell but right now is gonna come up for retracement before it'll continue to move down.
Hello Traders, AudNzd is a nice buy because it's hitting a large volume of buy orders right now. A good candle information at the big order zone will be the trigger for the buy. I will be posting updates if necessary. Thank you.
Living In Australia myself I can see the Aud falling further due to many reason. Currently Chinese Ban on products. A good short opportunity has come. Lets jump in 💪👍💯
