AUDNZD - Long opportunity forming at confluence of 800 EMA Bat forming at 50% LVL of previous large swing and 800 EMA Valid butterfly pattern on the 1 HR may see short term support while RSI oversold in this time frame.
Hey guys, i've been looking for this setup to complete for a very long time, now price has finally finished the AB=CD patterns i was paying attention to. The reason why i was so interested in these pattern is because their completion point line up pretty well with a daily and weekly structure looking left. Besides, also the 382 retracement of the bigger impulse...
Hey guys, i've been looking for this setup to complete for a very long time, now price has finally finished the AB=CD patterns i was paying attention to. The reason why i was so interested in these pattern is because their completion point line up pretty well with a daily and weekly structure looking left. Besides, also the 382 retracement of the bigger impulse...
Over the weekend I mentioned the 1.0765 handle on the AUDNZD. Before the March 3rd close above the area, it had served as resistance on several occasions since May of last year. Although buyers haven’t shown much urgency, they have managed to hold price above the 1.0765 area this week. Furthermore, if we drill down to the 4-hour chart, we have what appears to be...
The AUDNZD came alive in February and continued its bull move through the first half of March. It was the first significant higher high since March of last year when the cross was trading at 1.1280. Since last month’s high at 1.1018, the pair has pulled back and consolidated. But the way in which buyers have held price above 1.0765 suggests a healthy form of...
IF.... Price continues in bearish trend , then i will look to enter Long at D (.886 fib). SL below X TP 1 @ or slightly below .5 fib (seems to be previous support area , may likely turn into resistance) TP2 anywhere between .236 & 1.10 fib RR= 1:1.5 or 1:2 for TP 1
Long Bias on FX:AUDNZD . Demand Price has created a new demand area on the daily chart. New Price Structure Price is creating new HH and HL Fibonacci Price has bounced off of the Daily 50% fib Level Targeting -27% fib extension which is previous weekly supply.
Hello traders, If price does not break upper line then wait for pullback to dark rectangle and search for buy opportunity there. Dark line is also a place where price can find support. Green pips to all!
Breaking 1/2 Fan is great sign to open long position and then short at around 1.0924
The AUD.NZD is one currency pair on this evenings watchlist. A very simple setup based on a high confluence break and retest of the 4hr EMA & 1.0920 resistance level. I will be updating this pair if / when we set a pending order
Hi traders, AUD is currently known at a very high area and it is resistance area too! However, I am going to do a long trade due to my setup. It formed a pinbar at support and trendline. If the price broke below 1.0920 (SL), we may do a short position on this pairing. Long: SL: 1.0920 TP: 1.1040 Short: Follow blue arrow If you like my idea, please follow...
s3.amazonaws.com When the retrace was broken last time it cleared straight to 78.6 and beyond. This idea is a bit late unfortunately and is working on the weekly time frame. If you plan your entry well, you could still have a decent long position.
Hi guys, here on AUDNZD we have no structure looking left on the higher timeframe. In cases like this i start looking for simple pattern formations, like flags, triangles and wedges in the trend direction. On the chart above you have what could be considered a flag pattern that's been broken to the upside. Price is now retracing back and giving us a better risk to...