FX:AUDNZD CYPHER: Point B: 38.2% to 61.8% XA Point C: 127% to 141% ext XA Point D: 78.6% XC Target: TP1 38.2% CD TP2 61.8% CD BUTTERFLY Point B: 78.6% XA Point C: 38.2% AB 88.6% AB Point D 161% ext B C 261% ext B C Targets: TP1 61.8% CD TP2 127% CD Safe Trades; open.spotify.com
AUD seems to be starting a downward move. On the contrary, NZD is in a consolidation. So we could see a sell set up on this. But beware, even if it breaks, it could be a corrective move to the downside. Not so much a clean impulse. Trade with care. This is just my opinion on the direction of this pair. Not a trade call. Trade your own strategy.
FX:AUDNZD Safe Trades; open.spotify.com
FX:AUDNZD GARTLEY Point B: 61.8% can not touch 78.6% XA Point C: 38.2% to 88.6% AB Point D: 78.6% XA 127% ext AB Target: TP1 38.2% AD TP2 61.8% AD SHARK: Point B: 61.8% XA Point C: 113% to 161% AB Point D: 161% to 224% BC 88.6% to 113% XC Target: 38.2% to 100% CD Safe Trades;
FX:AUDNZD Once the price breaks through and a candle closes below the neckline, i can enter the market with a sell order. Target is measured by taking the height of the actual pattern (from neckline to the top), and extending that distance down from the neckline. Safe trades;
We can see a SHS configuration has been completed, in fact, I do not recommend the transaction at this time, too late, the risk is too high, two or three days is a good opportunity to short selling, if the 50-50 type rebound occurs. Suggestion: the above are for reference only, please careful consideration before use, welcome to discuss
FX:AUDNZD With a sharped downward trend, the continuation of this movement is expected, eventually after a period of consolidation between resistance and previous support structure (blue zone) . If the price stays above the breakout zone, support, we may eventually see the price rise to 61.8% zone and then to continue the movimento downward. Wait for the...
The tend is inside the decision zone and there is good opportunity to reverse due to :- 1- Completion of ABCD Pattern. 2- 1.618 Fibs extension for LH Leg 3- 1.27 Fibs extension for XL Leg. 4- 0.382 Fibs retracement for XY Leg. 5- 0.618 Fibs retracement for XF Leg. 6- Valid support structure level . 7-RSI Regular divergence
AB is ~ .382 retracement of XA BC is ~ 1.272 extension of XA D is right in the thick of some previous structure AND near a nice even number (1.2400) So the trade would look something like: SELL @ 1.1240 STOP @ 1.1270ish TP1 @ 1.1200ish (.382 retracement of CD) TP2 @ 1.1170ish (.682 retracement of CD) Risk: 30pips Potential Reward: 40pips (TP1) + another...
SIMPLE TRADE. SELL @ 1.018. EXIT TRADE IF H4 CLOSES ABOVE 1.0200 AS TRADE IS ALREADY INVALIDATED IF H4 MANAGES TO CLOSE ABOVE 1.02 RESISTANCE. TARGET BTM OF FIB LEVEL AND BEYOND(DEPENDS ON CIRCUMSTANCES) CONFLUENCE 61.8% FIB LEVEL D1 20SMA 1.0200 RESISTANCE ALL THESE AT PREVIOUS SUPPORT TURNED RESISTANCE AUDUSD HAS BEEN ON THE UPMOVE FOR MORE THAN...