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
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- Rejection of 4HR 50MA - Lower lows - Cross of 200/50MA on 1hour - Pullback to 0.786 for better RR
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
two scenarios that can play out. monitoring circled zone
Hey traders, here is the analysis for the AUDNZD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
AUD/NZD is ranging in a downtrending channel, it has hit the resistance line and rejected it. From this point we can open a sell position and hold the position till the support line
Trend is your Friend! 1. One Touch, Two Touch and Third Touch usually completes a Trend. 2. EMA acting as Dynamic Resistance, 3. Markets has Bounce off our Golden Fib Zone, Trend line an Psychological level @ 1.08400 where big institutions place orders and take profit. 4. Waiting for 3 Eight hour candles to show signs of...
AUD/NZD Sell Resistance Levels: 0.07831, 1.08000, 1.08508 Support Levels: 1.07674, 1.07476, 1.07159, 1.6754 Possible Instant Sell: Entry price: 1.07785 Stop: 0.08350 TP 1: 1.07159 TP 2: 0.06754 Good luck #JustTradeFxOnline Thanks for your love and support. Don’t forget to like and comment for more.
I would like to see a small pullback followed by continued rejections before getting involved in a sell position. As you can see, price failed to hold above the daily resistance level and we have now closed below it and have broken the small ascending trendline. This could be signs that price is failing to push higher and that a significant sell-off is...
Price failed to respect the 4hr trendline after hitter a major resistance level at 1.10000. Price is continuing downward in the counter-trendline. We see that price broke the 1.08250 level and is now in the process of retesting it. We are waiting for a pattern or candlestick formation to form to place our trade. Tp set at 1.07500 because there are a lot of buy...
I like this pattern when it shows up. A break of support and then a return into it. NZD rate tomorrow