Selling with only a few pips SL, I think its time for this bad boy to go down. great risk ratio !
Hey, As you guys can see, there is one more resistance and after that, there would be a big short trend coming ! if it breaks our target which is the next resistance point, then I think AUD gonna go down so much ! Please keep this in mind that this is a very risky place for AUD/NZD to be, so put your SL, maximum at 1.04790 which would not expose you to a lot...
Break of long term trend, close below the red support Potential short, wait for confirmation
I think AUDNZD will continue in downtrend until 1.06360. So I'll in short position with Take Profit in 1.0635. At this level we have dynamic support (oblique red line).
FX:AUDNZD Short the breakout: Buy the ABCD: Safe Trades;
FX_IDC:AUDNZD 2h chart: www.tradingview.com Safe trades;
Potential Short on this pair. MACD about to cross. Looking to open at 1.2260 Target 1: 1.11677 (0.5) Target 2: 1.11447 (0.618)
FX:AUDNZD Safe Trades;
I do advanced elliott wave analysis for the biggest banks and hedge funds in 3 different countries. There's a lot of confusion on what a proper elliott wave count is for FX:AUDNZD and I see a lot of people making mistakes here. So here's what the big banks are using and I've written an explanation for each level that I have displayed. Share this chart with...
FX:AUDNZD www.tradingview.com Safe Trades;
FX:AUDNZD Safe Trades;
AUDNZD will make one more move to upside AB complete C wave is next, when this C wave is complete Wave 4(primary) will complete and thus WAVE 5 will begin. Wave 5 will mean continued downside Subwave C - to 1.1150 Resistance level When C subwave ends, Wave 5 begins Entry: 1.150 TP: 1.0975
On the H4 chart we can find a bearrish divergence. Since this pair just broke the yellow TL we can try to sell the retest of the TL. We also have a bearish hidden divergence as long as we don't get new highs supporting our idea to sell this "Wave Range Wave" Cycle. Target 1.1105 SL 1.1245
AUDNZD Sell Idea This pair shows us a bearrish convergence on the H4 chart. But needs to retrace before continuing to new lows. The Bullish hidden divergence on the H1 chart might do that. The plan is to wait for a doube wave retrace upwards. Price must cross 1.12 before we can sell the bottom TL in order to complete a double wave cycle aiming 1.1138 SL last...
FX:AUDNZD At 127% extension, i'm expecting some bearish divergence inside the cluster zone; Also an eventual Bearish Bat at 88.6% retracement, synced with the 161% extension; Bullish Cypher point C can also be forged inside the cluster, but it's already validated at 127% extension, it will complete around 1.1174$ close to Daily support Safe Trades;