price have been bullish and respecting it's bullish trend and structure since January 19 of previous year , after reaching the supply zone at 1.0788 price have been showing weakness and with the break of 1.0722 ( demand / support zone ) that gives us more indication that the bullish run is at a possible end . so there is a high chance of price falling toward...
this pair has strong weekly and daily bearish confluences. ans now we have beautiful continuation pattern . this might be the begining of overall bearish trend! #salahudinsomal #audnzd #fx
AUD/NZD has approached a historical resistance level, and has now broken the support trendline. Price has performed a break and retest pattern of the support trendline and we're now looking for downside into the previous support zone.
AUDNZD has formed double doji on 4H timeframe possible sell opportunity as this instrument has bounced from a monthly trend line
Feb 16 A perfect sell setup for the pair. as the Russia ,Ukrain uncentainty ways on hi beta currencies , we expect it to have a very negative impact on the AUD and thus pressure the pair. The market structure has a perfect WXY pattern that makes the pair very attractive for the coming even. good trade manangement required.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
After breaking of previous resistance the price is likely to go down. Also Butterfly formation on the 1D chart.
AUD NZD already broke the ascending channel now is valid for sell
The Australian dollar has hit a significant historical resistance level after a bullish rally in the form of a wedge and is preparing to start a bearish rally.
I took this trade on basis of Elliot wave and price action. this is just the start of the correction wave as it can form a double top which can be another entry. due to high volatility in the market(Russian and Ukraine feud) keep track of the Risk and reward ratio. not financial advice to follow. feel free to comment
Hi Traders, AUDNZD is shaping up for a potential drop as we are moving within a LTF channel at the top of the HTF correction. We have a few good indications that a short may be possible, but only with clear bearish price action as our confirmation. Don't rush entries yet as the price could continue to rise, be patient and ensure your rules are met. What's your...
we have a strong monthly resistance + monthly 0.61 fibo When there is a refusal in this place, it will be valid
The pair is currently being moved inside a downtrend in the weekly chart within the overall sideways movement, it formed a downwards channel in the weekly chart which is currently being traded around its upper boundary; which supports rebounding down off around current levels to continue the downtrend. By looking to the current upwards movement we will find that...
The Asian session wiped out all of the resistance sellers, they will be waking up sad this morning. Since I waited for the liquidity grab, I can now consider sells if we get a pullback into the imbalance/supply with signs of rejection. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER:...
Shorting AUDNZD from this Marked point is a potential profit. MACD also showing bearishness. Use proper risk management. Regards
Overview: Currently, price is in Caption-zone ( 1.08171 | 1.06901 zone) drafted from Monthly Time-frame. Selling or Short opportunity is expected at this zone. This opportunity presents multiple Take-profit zones as charted. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment,...
AUDNZD / 1D Hello traders, welcome to another market breakdown. AUDNZD has been golabbly trading in a down trend, as a strategy to follow the trend, it's a good opportinity to build up a good position during pullbacks. For the next sessions, I'll be looking to sell short this pair around the 1.08166 zone after I get my bearish confirmation. Trade safe, Trader Leo.
Hi Traders, Price action is still looking bearish on this pair as we have an price moving within an ascending channel at the top of the HTF correction. Before taking a position make you follow your Trading Plan. Support me by clicking the like button if this idea is helpful! Comment below and share your view on this pair ! Trade Safe!