4HR chart has presented a double top, moving through to the 1hr we have a triple test of the double top with price currently testing the 150EMA, also there the RSI is showing divergence. We could potentially see a move all the way down to 1.06500 over the next week if this analysis plays out.
Price is expected to break lower so go for sell. Any setup you get-go for it
Right here is the M pattern, double top pattern in play. I expect price to short to 1.05430. So if price break the support at 1.05430, I expect it to continue to short to 1.04300. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Also, kindly cheer me with coins if you like my work....
Hello, I closed my long from the previous support as it was heading towards major resistance. - I have been waiting almost a week for the correct time to place an entry. Entry- 1.07760 SL- 1.08457 Profit- Open towards previous support. - Reasons for taking trade- Daily range Potential double top Indecisive price action around resistance while the bears have...
Hi Traders AUD/NZD Signal (H1 Timeframe) A medium to high probability, entry to go SHORT is forming @ 1.07632 after the market found resistance @ 1.07949. Only the upward break of 1.07949 would cancel this bearish scenario. Trade details: Entry: 1.07632 Stop loss: 1.07949 Take profit 1: 1.07445 Take profit 2: 1.07128 Take profit 3: 1.06611 Score: 6 Strategy:...
Here is a confirmation of the idea I published on 12th February 2021. The price is still in an uptrend towards the take profit at 1.08350. Take a minute of your time to take a look at the post. Thank you for your support💓
If you missed the Aussie dollars bull run, here we can milk from the overbought, trend-line resistance which is already in a correctional phase indicating a strong reversal. For entry I would use the Stochastic since it has been very accurate for reversals in this triangle. Stop loss would be above Cs relevant resistance. Good luck and follow me for more!
Like the title says. The Weekly; Incidentally, this chart does not bode well for either one in this pair (or, for equities - Risk On - as a whole) but it is especially detrimental for the Aussie;
Let's move on to selling the powerful AUDNZD currency pair as always Friends, be careful, wait for the failure of the area. The targets are shown in purple in the chart.
Hi Traders AUD/NZD (30M Timeframe suggesting a possible SHORT) A medium to high probability, entry to go SHORT is forming @ 1.06435 after the market found resistance @ 1.06647. Only the upward break of 1.06647 would cancel this bearish scenario. Trade details: Entry: 1.06435 Stop loss: 1.06647 Take profit 1: 1.06327 Take profit 2: 106131 Take profit 3:...
aud usd is in head and shoulder our first target is upto bottom line of head and shoulder.
Plan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make...
AUDZND Bearish Structure and we open Sell Position.