Hello my friends, Today i will review my previous positions. I've got 2 positions about to hit TP. First pair is AUDNZD which i posted at 16th September 2020. I provide the link to previous post so you guys can check it out. Sell AUDNZD 1.0870 Stop loss 1.0920 Take profit 1 @1.0810 Take profit 2 @1.0745 RR ratio is 1 : 2.5 Use only 1-2% risk Good luck This is...
Hello everyone, For today i am going to take sell AUDNZD positon as there is a potential for further downside. Price now moving below the kumo cloud and parabolic SAR above the price indicating sell pressure. Also noticed there is a small shoulders head pattern on this pair and price already brken below the neckline. I also add 200-EMA and price below this EMA...
AUD/NZD is aiming higher within the broad range despite the announcement from Reserve Bank of New Zealand's governor Orr at the beginning of the month (September 2020) that the central bank is ready to deliver more stimulus. Presently, the pair is trading above the Breakout of the Bearish Trendline hereby closing the last week above the Demand zone @ 1.09200 ...
Ought to be good for 200 pips. First SHORT - right here, @1.0920 - then buy it up from 1.0840-1.0850, if/once down there. (BTW, the Stop Hunt just finished so it's a safe sell here.)
AN is at a key area of previous support now turned resistance, which also lines up with the 78.6 fib level and is near the descending trendline. Will wait for H4 to give a bearish price action signal before taking sells.
Hey Traders. Here is the full breakdown analysis for AUDNZD short term and long term. Let me know your thoughts below!
As you can see AUD/NZD has shown bearish movement after hitting the key resistance level at around 1.1042 Now it has retraced a little after reaching the KEY SUPPORT Level at around 1.0840 Now we need to see if it will reverse back to the same RESISTANCE Level at around 1.1042 or continue down to next major support level at around 1.0660. If it comes back to...
AUD is pretty much weaker so does NZD, So strong bearish signs but technically Falling Wedge Strong Rejection TL Holding If holds then strong bullish else wait for the breakout and Retest We'll be having major Fall..
FX:AUDNZD Due to the weaker monetary policy in of reserve Bank of New Zealand the kiwi dollar had lose some strength against all the currency pairs AUDNZD has managed to gain some strength towards 1.10430. At 1.10320 it has formed a double top formation which triggered selling of kiwi dollar An it also formed a ABCDE Elliott wave pattern which has further...
Hey traders, here is the analysis of the AUDNZD long trade. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
AUD/NZD price has today returned to a significant technical zone - the upper boundary of the weekly descending trend channel that has kept price in check for the past six years. Price broke to the upside from this channel in Early-August, which may signify a reversal in overall trend. However, price has performed breaks to the upside previously, only to then...
Monthly 1 touch 2 touch makes a trend line 3rd touch usually completes the trend Weekly 1 touch 2 touch makes a trend line. 3rd touch to complete the trend. 1. Market has reached psychological level between 1.09100 and 1.10000. 2. Looking for 1 more weekly rejection candle to support bearish momentum to the down side. 3. Looking for confirmation in...
Hi Traders, here is the full Video UPDATE Analysis / Breakdown for AUDNZD. HIT THAT LIKE AND FOLLOW BUTTON! A like & a Follow or comment is a Free way to Show your support! Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2.Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for...