This is currently a very preliminary trade idea based off of the current momentum on this pair. I outlined this trade idea in three major points. 1. The run-up from March 19th ceased at the 1.0613 level. Price proceeded to pull back to my #2 label at 1.0477 level. 2. Nothing out of the ordinary so far as price would retrace after such a rally. What's...
this analycis shows that the market creat a pattern..it might be at in sell..but we have to wait for the confirmation..thank you..
After impulsive move we can see continue downfall after BearFlag pattern formation. ThnkYou
Kindly refer chart for the right entry and proper stop and target , Thanks
AUDNZD expected to rise up to 1st resistance at 1.03601 where it could potentially react off and drop down to 1st support at 1.011357. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Price made a lower high and might look to retest the 1.03 level before trending towards the low of 1.00. Clear rejection of resistance multiple times. For a conservative short, look for a retest of support at 1.03 and a bearish pinbar/engulfing pattern. Trade wisely & hustle hard!
AUDNZD expected to rise up to 1st resistance at 1.03601 where it could potentially react off and drop down to 1st support at 1.02223. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDNZD approaching support at 1.01010 where it could potentially rise further to 1.03237. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
The overall trend is down. I will sell at every pullback upwards.
Hey guys, looking for longs from the 1.0400 level, wait for rejection on the 4hr time frame from this region before taking longs. 190 PIP GAIN RR 7/1
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AUDNZD approaching support at 1.03569 where it could potentially rise further to 1.04643. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDNZD is approaching its resistance at 1.04399 where it could reverse down to its support at 1.04117. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.