AUDNZD is currently forming a Harmonic Pattern (XABCD) on the chart. The pattern indicates a potential reversal of the current trend, with Point D marking the completion of the pattern. Based on this formation, we anticipate a Bearish trend momentum to follow from Point D. Entry and Stop Loss: Entry: 1.09480 Stop Loss: 1.09850 Take Profit Targets: ...
This pair has been stuck in a range between 1.105 & 1.055 for nearly 2 years and has just broke out of the short term resistance @1.095 The next logical move now is for the pair to test the top of the 2 year range above 1.10 and as it does this is where I will be looking for SELL setups. The daily chart below gives you a clearer picture of the 2 year range and...
ascending channel broke downside. supply zone: 1.0900-30. stop loss above inside bar. target: 1.0810.
Elliott Wave aficionados may want to cast their eyes over the AUDNZD pair, where a SHORT scenario is unfolding. After the apparent end of a corrective wave (b), we are now witnessing what could be the beginning of an impulsive wave (c) to the downside, often characterized as the most dynamic and potent move in a corrective phase. The price action has begun to...
Today after China's economic data, the Market is betting dovish on AUD. We believe the price has made an ABC correction and it likely started the C wave. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page...
Overview: AUDNZD has exhibited a notable rejection at a significant resistance zone, confluently aligning with the 4-hour trendline. This presents a compelling opportunity for a potential short-trade setup. Entry Point: Considering the observed rejection and alignment with the 4-hour trendline, an entry point at 1.09150 is recommended. This level reflects a...
I am looking to short AudNzd as soon as it breaks the trendline and retests as it is now a strong resistance. My setup will be invalid if it fails to break the trendline and breaks the above resistance and continues going long
In my latest analysis of AUDNZD, I’ve identified a prime opportunity for a SHORT position. The pair is showing clear bearish signals, with a consistent failure to break through key resistance levels, and the formation of a double top pattern on the daily chart, suggesting a reversal is on the horizon. This technical setup is further validated by a bearish...
The AUDNZD chart currently shows the formation of a XABCD Harmonic Shark Bearish Pattern, indicating a Potential Reversal Zone (PRZ). Additionally, there is a hidden bearish divergence, suggesting that the current uptrend is likely to reverse into a downtrend. Furthermore, on the daily chart, the price has just touched a strong daily resistance zone, which...
Examining AUDNZD, I've identified a compelling SHORT opportunity. The pair shows signs of a bearish trend, with recent price action failing to break above key resistance levels and forming a series of lower highs. This is coupled with bearish candlestick patterns and a declining RSI, indicating a loss of upward momentum. From an economic standpoint, the New...
Upon analyzing AUDNZD, I've spotted a prime SHORT opportunity. The pair has shown signs of a bearish trend, with key indicators such as resistance rejections and a formation of lower highs suggesting downward momentum. A bearish divergence on the RSI and a potential crossover on the MACD enhance the outlook for a decline. The economic landscape further supports...
Hola LOOTERS, This is our master plan to Heist Bearish side of AUD/NZD Market. Guys U can enter at any points, Our target is Green Zone that is Explosive Zone. My Dear Robbers loot and escape if u make money in this market, Don't wait for Target Point because its Dangerous place.
Well, as you can see, the price took the liquidity and hit the important higher time frame resistant, so we expect a bearish move. Also, we can see the price generated a lot of sell-side liquidity that can be defined as targets. Now, the price has created a bearish FVG, we can enter a sell position in this zone, but as always we need LTF confirmation. 💡Wait...
Diving into the dynamics of the AUDNZD pair with a critical eye, my comprehensive analysis points towards a strategic SELL opportunity. This bearish outlook stems from a detailed evaluation of technical patterns, juxtaposed with an analysis of the economic outlooks for Australia and New Zealand, painting a picture of potential decline for the Australian Dollar...
Hello Traders it looks like AUD/NZD is starting a new wave dive down into 1.035. The first correction wave A has been established then the price has made a horizontal triangle as wave B, by breaking down the horizontal triangle AUD/NZD has made a new wave down as C. Our technical view has been shown in the chart. If you like it then Support us by Like,...
Hello traders! ‼️ This is my perspective on AUDNZD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I wait price to continue the retracement and my point of interest for a long is if price rejects from trendline + S/R level. Fundamental news: Next week on Wednesday we have news on AUD,...
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As you see we are in a PRZ includes daily resistance area and 4h resistance also in RSI we are in overbought zone it seems we have a short signal in daily and 4h time frames .