Bullish Indicators: 1) Support zone at 1.04080 Fib level 61.80% Bearish Indicators: 1) LH LL 2) Downward trend 3) Resistance zone at 1.04471 or upward descending trendline. Plan A: One can take a short position on the rejection from the upward descending trendline for the target of 1.04080 and 1.03522 Plan B: On the breaking of upward descending trendline with...
Hello Traders After an upward rally, Market turned into correction phase. We can see wave A and incomplete wave B. we expect to see wave C after completing wave B. Thanks for Reading Team Fortuna -RC
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.
Bearish move with AUDNZD Seeing a bearish move with AUDNZD hasn't passed 1.04400+ in hours. Unfortunately I think it's going to continue to go down.
AUDNZD at the top line of pitchfork and old Resistant, maybe take a few candles but will fall
Hey traders, here is the analysis for the AUDNZD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
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Bearish Wall Run YUp Pattern on AUDNZD. I wanted confirmation to take a short position here, I got one. SO in I go. My last call on GBPUSD made 232 pips. I love it! OANDA:AUDNZD
Looking at the Daily Forex charts and using the High Probability & Divergence methods from my books, there were 3x new trade setups identified today. Just be careful of correlation though as the NZD is involved in all 3x trades. Enjoy the weekend all. Cheers.
FX:AUDNZD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
# Inside a major bearish price channel _ blue # Inside an ascending sub-green channel # A second descending sub-channel_orange has been broken # Currently targeting = 1.04823,,,, breaking 1.04686 = touching the green trend at the bottom
AUDNZD got rejected from weekly resistance, also broke the uptrend line and now the support short on retest with good risk reward ratio
Bullish Indicators: 1) HH HL 2) Support zone at 1.05491 Fib level 50.00% 3) Uptrend/Ascending channel Bearish Indicators: 1) Resistance zone at 1.06132 Fib level 61.80% 2) Breaking of lower trendline Plan A: One can take a long position on the bounce from the support level 1.05491 Fib level 50.00%. Plan B: One can take a short position on the breaking of lower...
AUDNZD has seen an impressive bounce from our 1.0330 reversal zone. Focus now shifts to descending trend line resistance, the current equality objective and monthly projected range resistance. Look for bearish reversal patterns at 1.0640/1.07 to set Shortt positions initially targeting a retest of 1.05 and then 1.04 in extension
BASED on H1-H4 chart AUDNZD at resistance level. Possible correction to 1.0510 zone. Trade wisely.
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Given the index of these currencies as well as the important levels of resistance, I have a sales attitude in two areas