-Respectable descending TL in confluence to the MA50 momentum -0.618 fib retracement -Previous support area now acting as resistance
Price is approaching our key resistance in line with our descending trend line where we could see a reversal below this level.
Welcome to our weekly trade setup ( AUDNZD )! - 1 HOUR Market about to turn bearish again.. 4 HOUR Break and closure below main sr level. DAILY Overall bearish market in a pullback, good short entries! - FOREX SWING SELL AUDNZD ENTRY LEVEL @ 1.07130 SL @ 1.07520 TP @ 1.06200 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different...
Living In Australia myself I can see the Aud falling further due to many reason. Currently Chinese Ban on products. A good short opportunity has come. Lets jump in 💪👍💯
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we might get a little movement to the downside before we move to the upside for a long period, i will be waiting for a clear reversal move on the horizontal line (support)..... have a great week guys....PINK
Price closed below the infamous Joocebox
- In a demand zone - waiting for price action signal on Daily
HEADS UP ON AUDNZD... READ FULL CONFLUENCE 👇 HIT THE LIKE BUTTON BUTTON IF THIS WAS USEFUL TO YOU.. I EXPECT A BULLISH MOVE FIRST BEFORE THE OVERALL BEARISH MOVEMENT. ** REASONS ARE, THE MARKET HAS BROKEN A STRONG TRENDLINE, SHIFTING FROM AN OVERALL BUYING MARKET TO A SELLING ONE. ** WE CAN CLEARLY SEE FROM A WEEKLY PERSPECTIVE THAT THE MARKET IS STUCK IN A...
AudNzd formes an inverted head and shoulders, then rejected the neckline... Price now appears to have formed a bearish triangle and could possibly break out on the 4h time Frame.. I am considering a short position if price breaks out
AUD/NZD has cleared a major area of resistance, we'll jump in on a retrace