AUDNZD has been Bullish .But the Longs Structure has been Broken as Price Failed to Create New Higher High ! Now I will be Looking to Sell (40 PIPS SL) from the Zone Mentioned in the Chart !
Shorting it from my Zone would be a Good Setup for 65 PIPS. Though it could Go More Down but holding Trade would be good if Price Break Below the Lower Zone !
Hello Guys, it's from HitProfit Trading Club.
as you guys can see, the price broke the consolidation and then made a bearish pattern.
so we are expecting e drop to at least our last black support level.
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
After finding strong support at 1.03 at the end of November, AudNzd has started to rise and now is approaching 1.08 strong resistance.
AudNzd is usually a range pair and I expect retracement after reaching this zone
Bears can target 1.06 support for their trades
Following on from our last post on AUDNZD, price pushed a bit higher and it appears we're in a descending channel and approaching the upper limits of the channel. We are anticipating NZD strength soon which would help push AUDNZD lower.
Trade Idea:
- Watch for rejection of the descending channel resistance and 78.6 fibonacci
- enter when there's rejection
- stops...
AUDNZD has given a breakout from a horizontal support on daily timeframe. After breakout it has formed bullish flag/peanut. We are expecting bulls to be active and pump the price from current levels.
Trade your levels accordingly.
For more highly detailed daily analysis, please feel free to go ahead and click on the follow button. Any questions, please do ask them!
We can see our 4H AUDNZD chart with a rally out of a clear consolidation zone that lasted several weeks. This harsh move out has pushed us to new resistance levels and leaves us a great profit margin for a fall back to...
Hi TRADERS this is my trade set up for the AUD/NZD for the new week ahead
Looking at the daily chart we can see it combusting moving sideways, I am looking for a breakout either way and possible retest of the break out before placing a trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please...
H4 time frame.
Structure: Uptrend.
A divergence signal and a double top reversal pattern appeared.
Wait for the price to break the Key level at 1.058000 and appear a retest signal, then you can find selling opportunities.
The profit target is the 1.04800 price...
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.
